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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: CJG who wrote (489)10/21/1997 8:36:00 PM
From: Robert Dydo  Read Replies (2) of 909
 
Hello CJG and everybody
I was asking myself pretty obvious and at the same time difficult question: Why the hell GHE is falling apart on us?
One of the reasons is a slow process of ongoing II phase. We have only few holes completed(I think 47 published and that's including I phase). The obvious interest paid by the market to the info about involvement of the major has vanished as fast as showed up on Oct.2.which can suggest that potential agreement is still in making if we can hope for one being prepared?
Today's trade which I can't find anywhere for 1500 at 0.48 closed trading for the first time under 0.50 in the long period. The 52-week low is at 0.45 and that was right about last October.
I just read few days ago in the report from May31/97 that GHE is looking for mining executive to bring the company to the next stage.
They have still news release available on Stockwatch about their 600,000 oz. estimated from Tres, their Purisima target with almost every other one are making something which they call it the "source zone".
I think a lot has happened to GHE between October 96 and today. I think that today's GHE is a different company,and in my mind better one, so why are we getting to range of the same price from last October?
Frank, Hugh, Micap and others do you know the answer to that one?
Regards
Robert
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