Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

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  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Might have a small position starting Monday

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Re: Might have a small position starting Monday

posted on Feb 03, 10 08:49AM

But, they have to stick to their word, they can't say 4 months in production and then 18 months later nothing ... they have to convince retail purchases their word means something cause right now it means NOTHING ...

Ya, I know. Talk is cheap.

The thing is, I don't know any CEO of a junior who works as hard as Jim does. The man must have huge airmiles stockpiles. Last week, out of the blue, he got a phone call and off he goes to Mexico for one day. I'm going to guess something needed to be signed, but closing the deal only comes after a lot of preliminary work, and Jim won't sign unless it's the deal he wanted.

Next week, he's off to Mexico again to put the people and processes in place to get La Yesca reconfigured for profitable production. Old man Murphy (of Murphy's Law fame) is always watching and waiting, ready to screw things up, but if getting La Yesca into production takes longer than 4 months, it won't be because of a lack of effort. I always assume things will take longer than you plan for (and thus my earlier comment that Jim's announced timeline is aggressive), but you never know. Jim knows exactly what he needs to do, and now he's got the money to do exactly that.

In the meantime, I'm just going to keep buying more shares at these ridiculous prices. Jim is the largest individual shareholder, and he needs a nice pop to get above his own ACB. I can't think of a better motivator than that, and it aligns nicely with my own self interest.

Lar

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