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


To: russet who wrote (250)3/30/1999 11:02:00 PM
From: Stephen O  Respond to of 545
 
At these prices BHK is a no brainer. They can survive with gold below $250, as you say they can greatly increase reserves at El Limon, and if gold turns, the upside far outways the limited downside. Thus speaks someone who is long the stock.



To: russet who wrote (250)4/6/1999 8:33:00 PM
From: Stephen O  Read Replies (1) | Respond to of 545
 
Scotia Capital has as of Mar 31,99 a target of 47c.
Recommendation: Strong buy 1 Year ROR: 176.5%
Cash flow in 1999 .05c a shr @ Gold price of $305 US/oz
Earnings of 1c a share.

As I said earlier a nobrainer @ 16 or 17c.