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Gold/Mining/Energy : Golden Hemlock(GHE) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Moss who wrote (516)	11/1/1997 1:10:00 AM
From: Robert Dydo	Read Replies (1) \| Respond to of 909

I would go even further Frank. Ron states that Tres Amigos alone could hold 4 mln oz. If we take past production from Purisima Creek as an indication to what kind of contents of gold we looking at (2.15 oz/t) Purisima may have potentials of up to 10mln oz. I want to add that La Prieta has similar composition and offer some multi-million resource as I heard. Canaccord analyst has priced GHE for 3.60 if they establish 1.5 mln oz resource. Francisco gold trades around $16.00 with 3mln and half of shares. It would be very conservative to conclude that this stock will be trading around $8.00 as soon as they will publish their estimates. Ron talks oxide resource(Purisima) so it is also cheap to proccess. With the price of gold this could be a key factor for the major looking in increase of reserves. Patience will be rewarded. Robert