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Gold/Mining/Energy : Golden Hope Mines Ltd.

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From: canucklehead807/13/2012 2:08:58 AM
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Frank Candido’s Problem
Golden Hope’s President Says A Dysfunctional Market is Killing Juniors
By Kevin Michael Grace

Wednesday should have been a good day for Golden Hope TSXV:GNH President Frank Candido. His company released the first resource estimate of its Bellechasse-Timmins gold project, and he might have expected the market to reward its pioneering work in Quebec’s Beauce region. Instead, it was pummeled. Again.

Golden Hope shares fell Wednesday from $0.125 to $0.08. Candido is weary but not surprised. He explains, “In today’s market, good news doesn’t affect the market’s view of companies. If you look at all the press releases we’ve put out since March 1, you can be the judge if the results were good or if the information was positive.”

Read more about Golden Hope's Quebec play, and how market volatility negatively affects the junior market.
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