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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Robert Dydo who wrote (400)9/8/1997 7:52:00 PM
From: Hugh M.   of 909
 
Robert, your summary of the current PR is very good. It would appear that their lack of attention to the current share price is indicative of their lack of effort to attract new investors. Perhaps they are preoccupied with negotiating a jv/pp. But as the share price continues to sag and show weakness, IMHO it becomes that much harder to attract interest and new money. Insiders are shareholders too. With options priced at over 1.00, I can't understand why the company would not at least make regular news updates to try and keep interest high and the shareprice stable. The only logical explanation I can think of is the options will be repriced to the benefit of the insiders before a move, or, the pp will be a gift to whoever decides to finance them (a major, or privately). I scratch my head.

Hugh
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