Novamind Inc. V.HMI

RE: RE: NEWS OUT

[groovin123]

I am fairly new to this deal but it would seem to me that they simply did not have the funding, nor the targets properly defined at Ballarat to sink the drill bit this Summer. I would say they still don't, trenching needs to test the areas of those high grade soil samples first.

Drilling requires capital, and at .05 cents alot of dillution which would only make matters worse in the end drilling blind, unless they pulled out a miracle. Personally I do not partake in what I would consider gambling, maybe some would, I consider it handicapped risk/reward.

NTRs discovery at 3-Aces is a game-changer for that company and the entire area for that matter. HMI has secured itself a drill-ready stage exploration property with a SUPERB land position tied-on to this discovery, with some high-grade rock grabs to boot. This prospect alone will be sufficient enough (in my opinion anyway) to draw investment dollars into the stock to do a PROPER sized raise at higher levels.

What will we see next Spring? I would wager to say a drill program at Culvert as well as a trenching/drilling program at Ballarat,  IF they can raise the capital to make it happen. The risk in this deal lies on the ability of the financiers backing the deal at this point and my money says NO PROBLEM.

In the meantime I would suggest keeping an eye for any developments coming out of the Kipawa REE property....



ONE MORE TIME:

" "The excellent work done by Gary and Robert to date clearly outlinessome very prospective gold targets on the Culvert property. Their datagives us a big jump on our competitors who are out there right nowdesperately staking moose pasture in order to tie into the 3Ace play,"comments Mark Fekete, President.  "


Bwwwwaaaaaahahahahahaahhaha......... MARK FEKETE YOU ARE THE MAN,


GLTA.