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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Robert Dydo who wrote (403)9/9/1997 12:10:00 AM
From: Hugh M.   of 909
 
OFF TOPIC - Conclusion

So where does that leave us today? Fundamentally, this co.'s potential to prove up a 5 - 7 mil deposit has not changed. But lets face it, the insider/smart money want to make as much as they can. By repricing the options, they will make an even greater return on the next runup. The catalyst for the next runup is irrelevant. It may be a promo by C., or it may be GHE delivering the goods ( would explain recent lack of news). Either way, we as common shareholders will lose because the price will probably not climb as high, now that insiders have repriced options @ .40 instead of 1.05. They will be in the money a LOT sooner. All of this is conjecture based on IF the options get repriced. And if GHE can prove a 7 mil deposit it also won't matter because we will see a $10.00 shareprice. But the evidenvce is there that C. is still looking to shakeout investors, a measly 1000 share cross @.57 near the end of the day. The tougher part to understand is why. I have some theories but I will bore you no longer tonight. Robert, I hope this helps a little and apologize for the length.

Regards Hugh
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