MHK 3.03% 17.0¢ metal hawk limited.

Ann: Pause in trading, page-22

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  1. 37,911 Posts.
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    well, i only learned about the company today so i don't know much about it. but:

    * yesterday the company was trading at 18 cents

    * yesterday the company had $3M in net cash, at the very least, therefore did not need to raise capital since all of its projects except this Berehaven Project were JV funded

    * however, if they are offered $3M or $5M at 50 cents per share, that is enticing for them, dependent upon their understanding of the new Bereheven discovery

    * possible WSA make some funding or JV offer for Berehaven

    however, as was posted by another, possibly they have struck more nickel with another drill hole. who knows?

    regards & best wishes
 
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