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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Hugh M. who wrote (602)11/30/1997 10:31:00 AM
From: Steve Johnston   of 909
 
Perhaps, Hugh, we should campaign GHE to issue a rights offering to current shareholders (including future warrants) before looking for additional outside financing. At today's share price, my guess is that alot of us would participate, I sure would. If more financing is required beyond this, then look elsewhere. That way, we do not get severely squeezed out by vultures who will demand virtual control of the company in return for their investment. Regards, and thanks for your thoughts. Let's hope our patience and persistence eventually pays off in an operating, profitable gold mine.
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