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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: RMF who wrote (660)1/8/1998 4:16:00 PM
From: Robert Dydo  Read Replies (1) of 909
 
Despite of the good will even strong figures of this sort can't help in this market. It is obvious, how unreasonable it looks to me, POG is playing the music to the ears of sellers these days. It is a pitty that market failed to ever recognize on continuing bases the potential of the property as now is giving up on it on general hysteria. Don't get me wrong, I believe that one of the meassures for junior gold exploration company is their gold resource, estimates and drilling record but taking stock to toilette simply by checking the gold's price looks like someone is in the wrong game. The proper question should be asked instead of:"when gold is going to come back", when gold reserve will be established"? This is the factor for risk in those ventures. It is a question "how much of gold?" not "how much for the gold?". Especially in this case.
The reason for selling is as much important as one for buying? Can one be wrong in both situations? I believe so.
Regards
Robert
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