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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Jason Smith who wrote ()8/11/1997 11:37:00 PM
From: Hugh M.   of 909
 
To Robert Dydo and Bob F.
Sorry guys but I have decided to bail all of my shares tomorrow, if
I can find a buyer that is, I didn't see a single bid until 10:00 am
today. The stock just looks really weak and I wouldn't be surprised
if I can pick up my same shares @.40 or less near month end. There is no demand for shares right now, the chart looks weak, IR has
disappeared and canaccord support has diminished. I now feel
that the money has already been made on this one in Feb. and Mar.
when it hit 2.80. With Mr. Hill suggesting that "THE RESULTS" we
are looking for to move the stock are yet one to two months away, I
really feel GHE is headed for the .30-.40 cleaning/accumulation
phase before the next "real" promo/assay runup in Sept/Oct. I
believe the play still has enormous potential and will continue
to watch and wait for another entry point when the play heats up
again. Good luck! It was nice to meet you both. I will check back
on occasion.

Best Regards, Hugh

Off Topic To Robert,
I don't know if you bought any MDIN that I mentioned to you on
stockhouse on thursday but it closed up .50 to 2.00(sold half). There was not
as much impact on NPEC but am looking for news to tak it over .20.
Anyways, take care!
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