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Gold/Mining/Energy : BLACK HAWK (TSE:BHK) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (455)	9/7/2002 5:24:31 AM
From: TheBusDriver	Respond to of 545

Stephen, I have known about BHK for many years, however never owned it until the past two days. I am continuing to accumulate at this time. I also know several others who are. I always avoided BHK in the past because of a large debt, lot of shares out, and relatively high cost of production. I'm going back to the depths of the bear here when gold was $260. I didn't really trust management at the time either. However, time heals wounds and it sure looks like management has gotten it act together, at least they have reduced debt and will soon be out from under the hedging they and share holders have had to put up with. We are only 3 months from the end of the year now and BHK will suddenly start making a hell of a lot more for their production. As a POG bull, expecting POG to be $350 or more in the new year, I see BHK as a very good speculation based on higher POG. I can remember you pounding the tables on several of the PM threads months back and nobody would listen, including me. I think you are about to be rewarded for you efforts in the coming months. People are going to realise that BHK is about to become a very profitable jr. miner. Just the kind of investment I am looking for. My only concern is the rising cost of mining in the past few quarters. I hope you are right that this will soon end as they start to mine some higher grades. Sorry for the long post. It Saturday morning and I'm having a coffee, so had some time to post my thoughts. Thanks for all the hard work. You obviously know this company very well and I am now a investor. The conversation between you and CC here help me to make my decision. Wayne