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Re: eom7 post# 25178

Wednesday, 05/25/2011 10:20:10 AM

Wednesday, May 25, 2011 10:20:10 AM

Post# of 35742
EOM Re Gowest gold. About .69 per diluted share on the upgraded 1,000,000 ounces of Gold. Warrants start at .30

They are funded for this years drilling. By year end, they should have 1.5 million oz gold with 500k moved to the M & I category as they infill drill near the surface. Economic study out in Q3 should really get things moving.

I believe with these resources, grades and POG, production is a given. Their located in Timmons ON. 70 million ounces of Gold has come out of the area. They could ship ore to any of several local processing via rail or trucks already there while they build a processing plant. I was told that people are in line to fund them.

I think the market is waiting to see if management can get this done.

Checkmate

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