Birch Hill Gold Corp. FNTRF

RE: RE: I miss the time when

[pmrider]

Logan:

Could not resist either and backed up the truck once again yesterday.  So far, the truck only seems to go in reverse (lol).  Given that Hugo Chavez is in the process of nationalizing the gold industry in Venezuela, I suspect that resources in this country will start to command a premium.  Can these junior explorers be ignored and trashed forever?  Our market cap is approximately $3.5 million at this point.  That's barely above shell prices.  No credit being given for the resource.

Iris Lake is the area that is of most interest to me at the moment.  Given the results from the last go round of drilling and the near surface high grade intercept, it seems to me that this might be an excellent area for a starter pit.  Now of course they need to prove up extensions on this, but if they can do that, it opens the door - wide open.  At that point, you have many options (smaller starters mill, custom milling etc).  Even if we only prove up 100,000 ounces at Iris lake, it will be a great starter pit.  Cash flow from that would serve as a catalyst for Coldstream.  Much easier to make a business case for the other 1.76 million ounces (according to Fundamental Research) that are there.  In addition, he who builds the first mill in the area is the big winner.  Lots of great resources in the area!