Joshua Gold Resources Inc (JSHG)

[Suvorov]

There is a huge difference between mining companies and exploration companies.

Mineral Exploration companies find mineral resources, they almost never mine them.

Mineral exploration company's model is to take unproven ground and through exploration turn that ground into a deposit-then stronger hands like mining majors take it from there via an overt purchase or a Joint Venture usually with immense profit for the exploration company..

Hence, mining revenue means nothing in valuing an mineral exploration company. .

JSHG owns excellent ground; when they do their drilling in Elephant country (C1 is near three large gold mines in the Swayze area) they don't need to mine the ground just have good drilling intersection of gold.

The milling bulk test of gold is very, very promising. 22 grams in one tonne,9 grams in a second tonne from the #2 vein is tremendous.