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Gold/Mining/Energy : Golden Hemlock(GHE)
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To: RMF who wrote (286)8/9/1997 5:56:00 PM
From: Steve Johnston   of 909
 
I am not "on great terms", as you state, with Peter Hill. I only said that he has been available, and forthright, with shareholders. Not all juniors are this way. I am not in the business of giving stock advice. I can only say that I am personally holding my GHE shares for the following reasons:

1.) As I said before, I have bought and sold twice at substantial gain meaning that if GHE now goes to zero I am still ahead of the game.

2.) Both McDermid, St Lawrence, Chisholm and Cannacorp have been impressed by the Mexican property.

3.) Initial drill results look pretty promising.

As for why Cannacorp is selling? I believe it is because they hyped the stock to a lot of retail players at $1.20 and the angry phone calls are becoming a bother. So they say to these clients that if GHE is keeping them awake at night, then sell. As well, I don't really have to remind you that the VSE is off more than 30% since Bre-x. Why should GHE not follow suit? I hope this info is useful to you. Regards.
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