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Nighthawk Gold Corp. T.NHK.W


Primary Symbol: T.NHK

"Nighthawk Gold Corp is a Canadian based junior resource company. It is engaged in the identification, acquisition, exploration, and evaluation of gold properties. The company is focused on Indin lake gold property. Its significant project consists of Colomac gold project which is located within the Indin Lake greenstone belt and is surrounded by company's existing Indin lake gold property in the northwest territories, from Aboriginal Affairs and Northern Development Canada. The company has comp


TSX:NHK - Post by User

Post by tony1969on Nov 27, 2022 11:03am
187 Views
Post# 35131920

Next MRE guesstimates anyone?

Next MRE guesstimates anyone?
Management was close to being able to deliver the next MRE by year end so I am SURE that they will have it out well before PDAC in the first week in March. As far as an estimate for the coming MRE they have kept that 2.7m OP indicated with a g/t of 1.53 figure up in their latest presentation (page 9) for a while now. I say that get well beyond that in both ounces and g/t. I say this solely because we have an under promise and over deliver team here led by our very knowledgeable CEO. He understands how equity markets work and knows that when you beat numbers you attract the attention of investors while at the same time giving both the project and management much needed (especially in this sector) legitimacy. It really is not rocket science but many companies put out numbers that cannot be met. My guess is 2.95m OP indicated ounces (give or take 100k ounces) and 1.65 g/t (give or take .10 g/t). They should also comfortably be well north of the 4m ounces in all categories that they showed in their 2022 MRE....All just my guesstimates and opinions after doing my DD....
 
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