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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Robert Dydo who wrote (440)9/20/1997 12:34:00 PM
From: Steve Johnston   of 909
 
Your point about year round drilling in Mexico is a good one. On the other hand, I suspect that alot of people will be selling their "loser" junior mining shares starting in November for tax loss purposes. This will create a drag on this market sector until year-end. The release of any good GHE news during this period would, IMHO, be overshadowed by this flood of sell orders, including all those people who bought GHE over $1.25. Obviously, this factor will disappear on January 1.
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