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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Bearcatbob who wrote (420)9/16/1997 11:23:00 PM
From: Robert Dydo   of 909
 
I hope that insiders sell out of need for money not because of lack of news :-). I am also not surprised that patience of some has been tested beyond the limits. The atmosphere around this stock is so bad that even if we got anything good there, nobody would be left to cheer about it. Market's reaction to every news in the past has driven price down. It is somewhat not logical to think different about the next one. Therefore my idea for GHE is, to not release any news till they start mine the deposit and release first balance sheet with earnings on it.
Another option is to wait till market will turn around and every junior out there will be trading at $2-5.00 range than have a news. Maybe than 0.60 will make a someone to say"undervalued!!!" or for that matter price of 0.20 would have better message. There is also no point in release of any drilling results. 1 hole, 10 holes who really cares? There is a proof that 5 holes of II phase did nothing for the stock. Why bother. Some say price of gold maybe a reason. Let's wait till the price goes to $450/oz! Many options and so much time there is no reason to think of something now.
Regards
R.Dydo
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