For a low budget Crown-International movie, it may come as a surprise that while this movie can't be considered "great" or "good", it does have a fair number of effective moments. The ghost town makes a nice creepy location, especially with the night-time shooting. The middle of the movie, when the character of Ken suffers one terrifying moment after another while pursuing (or being pursued by) the hooded figure is a tense sequence.
But the movie doesn't quite work overall. The first third of the movie is somewhat slow for the most part. There are some stupid decisions by the characters, like with Ken having several opportunities to escape the area but staying. And as it's been pointed by other people in this user comments section, it's pretty easy to figure out who the masked figure is before the "surprise" revelation.
Still, while the movie isn't overall successful, it can't really be considered a "BAD" movie. If it's a slow night, and you want to see how low budget filmmakers can overcome their limited funds with creativity, you might find this movie entertaining enough.
