Nighthawk Gold Equity Warrants Exp 6th May 2024 MIMZD

Complete posts from my previous post...

[tony1969]

The calm before the storm? The storm being a very nice MRE on the horizon. Let us see those numbers!!! I bet we see them in the next week or two. As you all know my guesstimate is for 3m OP indicated ounces (give or take 150k ounces) and 1.65 g/t (give or take .1 g/t). What has been made public in presentations so far is an estimate of 2.7m OP indicated ounces and 1.5 g/t. Once we see those new numbers analysts and investors will be able to put a much more accurate valuation of what has been discovered so far on this underexplored Indin Lake property.

 

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12 Jan 2023, 13:26

 

@milocat Would not bother me in the slightest if they held off releasing the MRE until PDAC, the worlds largest mining trade show, which begins March 7 this year. For a few days each year the mining industry takes centre stage in Canada-never a better time to release good news. And the other players up north will all be in Toronto at the same time likely drinking in the same bars-great time to explore synergies!

 

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about 6 hours ago

 

@Tony1969 I agree Milo but our BOSS told me we should see it this month. I am guessing that by March they will likely have a plan that they will make public for the 2023 drill campaign and a more accurate budget on said campaign. I believe Mr. Salehi said that they can do around 30k meters or so in drilling this year with the funds they currently have...

 

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about 5 hours ago

 

@milocat I think you are going to see a lot of M&A at PDAC this year-the reality has started to sink in-quality mining projects are pretty much all spoken for. If the majors want to keep their pipelines stocked-and they have a fiduciary responsibility to do just that-they need to be acquiring other companies. Luckily for them the other companies, juniours, are trading at historically cheap levels. Never been cheaper to buy ounces or production. This situation will auto-correct, just a matter of when. Incidentally, yes this is MHO but it was also expressed by the CEO of Goldfields explaining why they took a run at YRI-his management team took a hard look at their pipeline and promptly reboubled their efforts to find new reserves(and Canada was an area of particular interest). Our nice proven past producer in a first world country is going to be looking better all the time.

 

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about 5 hours ago

 

@Tony1969 I think you are right Milo. It is the perfect combination for acquirers. POG taking off and still a depressed junior market. It will be hard for many companies to turn down a let's say 50% to 100% takeout premium (most shareholders would likely vote yes if hostile) even if they believe they can be worth much more in the future. I for one think NHK is today worth around 3X where we trade today. Just guessing 5m ounces total in all categories at just to throw out a number of $30 to $40 per ounce. The latter being in an environment such as the one we seemingly are coming into of a $2k per ounce POG. Things are lining up for NHK. They are actually about to release the much awaited 2023 MRE into a gold market that is breaking out. Next week would be a great time to release the MRE if available in my opinion. Remember our CEO is an under-promise and over-deliver believer. They have used a $1600 US POG in their latest calculations. We are $300 above that now. Great time for some nice numbers. Could it be things are finally lining up for us longs here?

 

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19 minutes ago

 

@Tony1969 Lastly, I do not believe we are remotely close to a buyout, takeover, change of control or whatever you want to call it. That being said if and when this happens unless the premium for paper is A LOT higher than a cash deal then I would want cash. Why? 1. It is easier to sell and not have second thoughts on what one should do. 2. The acquirers stock usually takes a hit so if it is paper they offer then the deal is immediately less for those getting bought. 3. Spread is tight in an illiquid stock such as NHK. Those who want to unload large blocks will have a bid to absorb it without much downside movement. Anyway I truly hope we are not there yet as this land package is very much underexplored but one (management) must always weigh how much more dilution is worth how much cash is offered for the property....Just my opinion having gone through this 5 or 6 times in the past couple of decades...

 

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4 minutes ago