Golden Hemlock(GHE) Message Board

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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Hugh M. who wrote (611)	12/2/1997 4:49:00 PM
From: Robert Dydo	Read Replies (1) of 909

How trade at 0.22 looks to you. They want now to raise money one of the last ways they have. It can't help that since I heard first time of Teck it was six months ago and company for their own reasons could not or did not affort or wasn't offered a deal at all. Now it seems that the shareholders are summarizing the operations with the action which could kill the company and this is exactly what their PR was warned and told off on this thread so many times. People's frustrution has its limits and GHE has cross many. Now when support is needed they are receiving exactly what they gave us for the last year-which is nothing. Six months when the drilling program started and they have drilled 22 holes? Including 3 or 4 which were abandonded. Now it seems a bit too little too late to catch up with demanding market and pissed off shareholders even making more unhappy in the proccess. I was told many things and believe it or not one of them was that GHE has refused an 50% option offer on the property. The reason: "The feeling was we can get better". I wonder what is going on in minds of the directors now if that was the truth? They lower the warrants' price to get the money Hugh, because nobody cares about GHE. I am thinking of Teck or whoever to be like an investor who wants to get in cheap level, especially in December. You put your bid and you wait till is filled no rush, the other side will rush it trying to get as much as possible when they broke. I think Phil wrote once: good property, good geology and bad market. I think we should add bad managment and I think deep inside we all worried about that. They have to change their ways and that boring web site or they will be forced to feed the sheep on those ranges. New year is coming so they should include that on their list of wishes. Regards Robert

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