Nighthawk Gold Equity Warrants Exp 6th May 2024 MIMZD

Funds, Drilling and Results....

[tony1969]

Thankfully we still had around $13.4m Canadian starting Q2 which already included $3.7m in exploration/drilling expenses. What I am getting at is that I do do think our BOSS is going to raise cash in this current exploration sector environment. I bet they can do about 20k (they projected 20k to 25k) meters of drilling this year and still have $5m give or take $2m starting 2024. I rather them do 15k meters and not have to raise in this environment. I think gold will catch a nice bid as I said in a previous posts during the second half of this year. They usually only drill until September or October up there so let's see if the market dictates their exploration budget. Perhaps they sell a royalty as many other explorers do. That would be much less dilutive. All that said it should be an interesting second half of 23 for NHK and I have zero doubt we have the right team in place led by our BOSS to frugally (in times like these in the sector) continue to move this project into production...

 

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8 Jul 2023, 20:01

 

@TonyLovesGold Meant to say that the $3.7m spent in exploration/drilling and included in the $13.4m left starting Q2 was for drilling done this year in Q1 2023. We should see some results for the 23 campaign soon. Been saying this for weeks so I guess I will eventually be right..

 

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2 minutes ago