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

BHK 9.680

+0.4%

Nov 26 4:00 PM EST

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To: Stephen O who wrote (175)	12/16/1998 8:24:00 PM
From: Stephen O	Read Replies (1) of 545

My guess FWIW. 175,000 oz of gold in Talavera Sur which will cost about $100 an oz to mine as structure is only 80 meters away from existing workings. This gives worth of $35,000,000 US, discount to PV of $17,500,000 US which is about 23c Cdn per share. This stock is going up and explains why there has been some good bids around.

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