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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: RMF who wrote (617)12/3/1997 8:17:00 PM
From: philv  Read Replies (1) of 909
 
Micap: How does one respond to that?

Sounds almost as good as some other very well known X mining Co.

Hard to be positive in this market. No, impossible! I get e-mail about drilling results from Jr. Mining Co's, and I don't even bother to read them, just delete them. It is the market, and the market is deleting all the exploration Jrs. and hurting even the best of the best. As well as the majors who have sold forward years of production.

Survival is now the most important priority. For these exploration Cos. it will be brutal, and many will not succeed due to lack of financing. So you have some very good prospective gold property! It takes many many millions of dollars to prove it up and to bring it to production. At what price? That is the problem. It is the price of gold. Anybody want any?

Wish I could be more positive (less negative) at this time:

Regards
Phil
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