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Message: Golden Hope Mines Limited Announces Private Placement Financing

Mr Hoel is the ex president of GNH who was removed by a majority of shareholders. I think he is unhappy about being removed and probably needs money so he sells the only asset he can. If it happens to hurt GNH, I have a feeling that it does not bother him much. As for being an insider, he is not privy to any of the goings on right now so his selling is not a sign of how the company is doing at all.

Glorieux

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