SI
SI
discoversearch

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 : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (1130)5/27/2001 11:45:38 PM
From: tyc:>  Respond to of 4051
 
But I know mines where the market is charging nothing for very significant production of gold (BG). (That is to say that the company is trading at a price below its working capital)



To: Stephen O who wrote (1130)5/28/2001 9:08:35 AM
From: russwinter  Read Replies (1) | Respond to of 4051
 
<Black Hawk is the best gold buy on the TSE>

Not a bad looking lower cost little miner with a promising prospect. Be aware however that they have 95,720 oz in calls written at 272. They could be looking at a hefty delta factor should gold rally sharply from here.

See page 17 of 2000 annual report:http://www.bhkmining.com/financial/index.html



To: Stephen O who wrote (1130)5/28/2001 11:33:49 AM
From: Claude Cormier  Respond to of 4051
 
Stephen,

You have been right on BHK. But isn't the current advance limited by the fact that BHK doesn't have a lot of reserves.