Golden Hope Mines

Golden Hope Mines Limited is a junior mining company trading on the TSX Venture Exchange under the symbol GNH and on the Pink Sheets in the U.S. under the symbol GOLHF.

over 11 years ago

in response to window's message

The problem GNH has is it does not have a viable deposit delineated yet and the market is not willing to give them more money right now to do that. They are just trying to stay solvent till the market turns and they can raise money again. They are in the same boat as a few hundred other junior explorers.

I sold my shares at a significant loss and moved on when their last drill results were shown to not be spectacular. And yes, I took a significant loss. You can criticize Frank for various things he did in the past but now his most important job is to conserve cash. Having to pay lawyers' fees because of a frivolous lawsuit must be quite frustrating.

Good luck to those of you holding on. If the market turns soon enough this still is a promising deposit.

Bob