Golden Hemlock(GHE) Message Board

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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Hugh M. who wrote (435)	9/19/1997 6:41:00 PM
From: Steve Johnston	of 909

If the news is so great why didn't the share price move? Possibly because the drill intercepts are so deep that potential serious investors are concerned about the upfront costs to drive ramps/stopes down into the area. As well, what is the nature of the orebody, and how/where will it be processed. Still alot of unanswered questions. Don't expect to see a large move in share price until a full feasability workup (not to mention alot more drilling) is completed. Don't forget that alot of people got seriously burned on GHE when things got speculative and silly earlier this year. Fortunately, this is when I sold. I later bought back in and am still a believer. I intend to buy more on Monday if the price stays low. Regards.

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