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Gold/Mining/Energy : Silver prices
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To: Alan Whirlwind who wrote (3598)6/5/2001 11:56:58 AM
From: Stephen O  Read Replies (2) of 8010
 
I own Black Hawk Mining. BHK on TSE. They have about 24 million ozs of silver and 415,000 oz of gold in their Manantial Espejo project net to them. They have a producing gold mine, cash cost $156 an ounce, that in the Q1 this year earned $1.6 million and had cash flow of $2.5 million.
BHK trades at 4.67 times trailing 4 quarter earnings. It has to be the cheapest gold stock on the TSE. It has Repadre and Dundee Bancorp as its major shareholders.
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