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

To: A. Barrada who wrote (84)	7/15/1998 8:58:00 PM
From: gilbert leblanc	Read Replies (1) \| Respond to of 545

Here some ideas about BHK: - BHK is not the only small cap stock who is trading at a low price. - I think that a lot of investors are waiting the second quarterly report to see the impacts of TRITON on the results of BHK. - The Limon mine could be a drain (in the next year) on the cash-flow of the Keystone gold mine. - The resources sector is dead right now. Yours truly Gilbert Leblanc

To: A. Barrada who wrote (84)	7/15/1998 10:14:00 PM
From: Stephen O	Respond to of 545

Scotia Macleod have a recent report with a target of $1.45 which sure beats the 80c from Midland. They have an earnings forecast of 4c a shr for 1998 and 10c for 1999. It is really cheap @ 22c. TRITON was overwhelmingly owned by institutional investors. Small stocks are out of favour with them which is why there was selling pressure before the merger and it continues. Are the small funds getting redemption pressure? We the individual investors should be accumulating ready to give it back to the "big boys" when they eventually flock back in like the lemmings they are.