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Greenhawk Resources Inc C.GRHK

Alternate Symbol(s):  VGGOF

Greenhawk Resources Inc. is a Canadian resources exploration and development company. The Company owns a 100% interest in two mineral exploration licenses and one prospecting license in Greenland, known as the Storo Gold Project. License 2014/11 covers 12 square kilometers (km2) on Nuuk Fjord, Greenland, northeast of Nuuk, Greenland’s capital city, containing the Storo gold. It also has an exploration license (MEL 2021-01) surrounding the 2014/11 license, covering an area of 540 km2. The Storo gold deposits are located in strongly deformed and metamorphosed rocks of Archaean age. The area is an extension of the North American Craton and is suggested to correlate with the Nain Region in Labrador, Canada. At the Storo Gold Project, there are two levels of mineralization, the Main Zone and the BD Zone.


CSE:GRHK - Post by User

Bullboard Posts
Post by SurfForWealthon Feb 16, 2006 6:55am
170 Views
Post# 10369774

Great Earnings out!

Great Earnings out!Yet another fantastic Q exceeding estimates and guidance handily. Diluted EPS growth of 59% & Rev growth of 40% for the Q. Net margins of 23.2% for Q4 and 23.8% for FY2005. The guidance for Q1 looks good too and it looks like the net margins are expected to improve even further to about 26.8%. Cash of $7.05 USD per share with no debt. I get a ttm PE multiple of 16.2, not bad for a stock with ttm diluted EPS growth of 45%. Clearly the stock is undervalued here & should be trading for at least $35 Cdn. Cheers!!!
Bullboard Posts