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Gold/Mining/Energy : Golden Hemlock(GHE)
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To: snorkel who wrote (895)6/9/1999 11:14:00 AM
From: Steve Johnston  Read Replies (1) of 909
 
Not as GHE. The last I heard was that the principals were attempting to; 1.) arrange new financing, 2.) rename the company "Central Coast Mines", 3.) consolidate 5 to 1, and, 4.) relist under the new name. News was to come at a special meeting of the shareholders later this month. Unfortunate, with the recent gold sale by the Brits, the POG has plummeted. Hopefully this has not scared away the potential private placement investors in the new company. The property assets are sound and the current shell has very little debt. I still see some light at the end of the tunnel. Regards.
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