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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
Comment by linus4on Dec 19, 2011 7:02pm
288 Views
Post# 19336265

RE:options premiums

RE:options premiumsLast trade on the July Calls was .35 cents & .75 cents for the Puts(based on approx. $2.27 sh price)...This always happens when there is an offer that has many 'subject tos" attached , since the offer may disappear..The share price will trade at a discount but should move up to about $2.47 by Jan11th if in fact everything goes OK..Right now the mkt has .58 cents premium on the Calls & .52 cents on the Puts..Both premiums will erode slowly over next 3 wks...Therefor, if you were "absolutely 110% sure "the deal goes off without a hitch, the strategy would be to Sell both a Put & a Call..It is a tad unnerving to see 70 contracts traded on the Put side..I will not try that trade
Bullboard Posts