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

BHK 9.500

-1.0%

4:00 PM EST

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To: JAS who wrote (237)	3/10/1999 11:02:00 PM
From: Stephen O	Read Replies (1) of 545

Similar to last quarter but there may be some more writedowns of prior exploration work. As of today I estimate that Griffiths Mcburney has about 1.75 million shares left to sell from the 4 million block they bought at 11.5c. They sold 500,000 today at mostly 15c. At that rate it won't take many days to eat through that stock. There seemed to be a new good size buyer today.

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