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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Frank Moss who wrote (243)7/25/1997 12:01:00 PM
From: keith massey   of 909
 
These results do not add anything substantial to the find. Both holes were drilled around hole 13. Hole 13 was the only hole during drilling to show amazing results so it isn't a suprise that this news release was good. The stock ran up temporarily from people buying that didn't understand that good or great results on these two holes do not really add to the systems potential.

They drilled these two holes knowing they would get good results. Looks good for a promotional pump and dump. However don't expect similar results on the next couple holes since they will be doing stepout drilling.

From anyone who has mapped out their drill holes. I figure they have proven 300,000-600,000 ounces. Only problem is that all the gold is in a thin layer (2-7m thick) 50-100 meters underground. I am not an expert on creating a mine but it sounds to me like it would not be economical with the current results since I can't find another mine operating under similar conditions.

I am not a shorter. There is too much hype on a lot of these threads with the facts. These are the facts as I see them now.

Best Regards
KEITH
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