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

To: RMF who wrote (619)	12/4/1997 12:47:00 PM
From: philv	Respond to of 909

MICAP: All good and valid points, applicable to this entire sector. I don't know what a few more holes will prove in this negative market though. I have seen good news greeted by sell-offs recently. The exploration industry must have a pretty good idea what GHE is sitting on, but of course much more drilling needs to be done. Trying to survive the winter has got to be the highest priority, and hope for a better climate for gold to come. These Jrs. will have to eventually severly cut costs unfortunately (dormant your word). Downsizing corporately, layoffs of staff, geologists, engineers, etc. will all be necessary to preserve what is left. Pretty grim picture, hope I am wrong, hope gold EXPLODES hope, And wait.