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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Hugh M. who wrote (668)1/13/1998 9:43:00 PM
From: Robert Dydo  Read Replies (1) of 909
 
Every time gold is up the property of this magnitude gets more and more attention. That would explain the Christmas trip of R.Forshaw to Denver. Gold has traded at 297.00 at the time. The time is not working on our side at the moment as urgency is not felt by those with big pockets in exploration world. Major companies must have to decide soon on how to get a hand on those properties which owners are going for very low prices in order to get sweetheart deals. Gold price going up could make such a transaction impossible forcing to increase the bid. This is the game they can play only for so long or as long as POG will jump up and down. When we hit critical figure of $300 and take off from there things will get even faster spin which can benefit only one side-juniors(having the jv scenarios in mind). This so called consolidation period would go to waste otherwise, which is against the logic found in this industry.
Regards
Robert
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