BLACK HAWK (TSE:BHK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : BLACK HAWK (TSE:BHK)

BHK 9.560

+0.8%

Nov 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: nammir chucri who wrote (106)	9/23/1998 1:05:00 AM
From: Stephen O	Read Replies (1) of 545

BHK gave 35 million shares to obtain all of TRITON. For that they have obtained the El Limon mine which has averaged about 4500 ounces of prodn a month this year plus over 6000 ounces in July at a cash cost of $187. They have received or will receive by Feb 99 $1.54 Million US for 40% of Manatial Espejo plus a commitment to spend a further $4.5 million US. Lets see 35 million shares times 15 cents = $5.25 million Cdn. I say that BHK got one hell of a good deal in this merger and the company is way stronger than when you started the thread. That July number alone means $600,000 US in Cash Flow to BHK. This stock is not promotional. It is a producing mining company with earnings.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next