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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Alan Whirlwind who wrote (3598)6/5/2001 11:56:58 AM
From: Stephen O  Read Replies (2) | Respond to 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.



To: Alan Whirlwind who wrote (3598)6/5/2001 2:59:41 PM
From: long-gone  Read Replies (1) | Respond to of 8010
 
Why is the premium paid for coins or bullion so far over spot price? Does spot price any longer have meaning if none can obtain the commodity at these prices?