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Gold/Mining/Energy : Golden Arch Resources---GAI.V
GAI 8.8000.0%Mar 22 5:00 PM EST

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To: Henry Hooymans who wrote (184)7/8/1997 3:03:00 PM
From: Fred Benjamin   of 359
 
Hi Henry, I know how you feel as I also have a bundle tied up in this one and have had for at least six months now. one of the reasons I think that your seeing a drop in the price of the stock is that they stated that more news should be out on July 04/97 and it didn't show up, therefore people get spooked and are willing to get out and there allways is someone to buy there paper from them at a lower price.
I have seen it so many times that a company will set a date for next release and then can't deliver, I wish they would learn to give them selfs some extra time for unforeseen holdups, but what do I know I'm just a little guy trying to make a dollar.
Hope all goes well ( for all of us). Fred
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