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Gold/Mining/Energy : Golden Hemlock(GHE)
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To: Frank Moss who wrote (643)12/29/1997 11:49:00 AM
From: Steve Johnston   of 909
 
Thanks for the advice, but's there's an old saying, "don't throw good money after bad". I gave up on GHE when they repriced their stock options, and offered new shares to themselves (with warrants as well) at 17.5 cents without letting shareholders have an equal deal in a rights offering. I would buy other junior mining bargains right now, long before I would touch Golden Hemlock. Look for companies like Golden Swan, General Minerals and Ourominas (all on Toronto) with strong cash positions and solid Management. Regards.
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