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Gold/Mining/Energy : Golden Hemlock(GHE)
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To: Steve Johnston who wrote (439)9/20/1997 2:32:00 AM
From: Robert Dydo   of 909
 
Hi Steve and everybody. I just want to add to your post couple of other fators. I believe that this stock is way undervalued. They claim 600,000oz out of Tres Amigos zone out of one quarter of the(than) known strike of 1,400m. Now they say 3km. They have drilled not enough holes to tell us what type or rather size of the deposit they estimate
the whole property may hold. Besides the obvious underground factor there are at least three potential bulk tonnage targets witch one of them was tested by 14 pits. Rudolfo-La Prieta, Purisima, La Union and Gossan Cap have been introduced as such targets since they maybe the outcrops of the main "source zone". The "zone" is well represented in another place-Tres Amigos in its high grade assays which could be compared to Rudolfo as the same mineralization and potential for high grade assays. I said this for number of times by now,untill the size(estimate) of the deposit will not get updated we can only hope for small gains if any. What is important this property doesn't bring so far any setbacks. The proccess is slow but it is going forward. The company itself could use some upgrades on PR,financial reporting, reporting and better drilling contracts but property looks like is holding the goods. Market is also a timing and people will sell GHE because their take towards time sucks. There is more places where you potentially could do better and faster, right now. You will probably do o'kay on Monday till some day someone will do one trade too many when he should hold instead of selling. Time will be on our side than. I also say they can drill in Mexico year around so maybe this day is not that far?
Robert
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