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Nighthawk Gold Equity Warrants Exp 6th May 2024 MIMZD


Primary Symbol: T.NHK.W

Nighthawk Gold Corp. is a Canada-based gold exploration and development company. The Company is engaged in the identification, acquisition, exploration, and evaluation of gold properties. The Company owns 100% ownership of more than 947 square kilometers district scale property within 200 kilometers (km) north of Yellowknife, Northwest Territories, Canada. The property hosts the Indin Lake (Archean) Greenstone belt. Its Colomac Gold Project is a large-scale, open-pit gold project in the Northwest Territories, Canada, about 200 km north of the capital city and mining hub Yellowknife. The Colomac Gold Project represents a series of high-grade open pit gold deposits, and gold mineralization remains open on all directions. Its grassroots targets with gold occurrences on its district scale property include Goldcrest Deposit, Kim Deposit, rizzly Bear Deposit, Damoti Deposit, Cass Deposit, and others.


TSX:NHK.W - Post by User

Post by tony1969on Jun 04, 2023 7:52am
117 Views
Post# 35479003

NHK is VERY undervalued.....

NHK is VERY undervalued.....
How undervalued is our gem? All figures are after tax. We all know that using $1600 US gold the NPV at a 5% drate is $1.17 billion C. Using an extreme $1300 US gold price our NPV at a 5% drate is $532m C.
 
0
 In other words our current Canadian market cap is roughly over one/seventh of the PEA figures using $1300 US gold in Canadian dollars. $532m Canadian divided by our current roughly $71m Canadian cap. So we are trading at 1/7th of our cap when gold is currently at $650 US over that $1300 US PEA figure. Get it? It all equals an EXTREMELY undervalued property...

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