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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 Aug 03, 2023 3:45pm
116 Views
Post# 35571938

My Views on Inflation, Gold and NHK....

My Views on Inflation, Gold and NHK....Pull up a 3 year chart on gold. The US government has hiked rates 525 bips and counting in roughly a year and a half. As I have stated here countless times before, higher rates and and strong USD are the anti Christ for the price of gold and (they go one with the other) have been pounding the price of said gold for 18 months now yet we are still here above $1930 US as I post this. This inflation will end and it will end dirty. By this I mean that it will not be a gradual even though the US keeps spending at a decent rate. After doing countless hours of research (I love doing research) most of the brilliant of most brilliant people say that this inflation has been caused by a MASSIVE increase in money supply in an attempt to cushion the blow of the COVID GLOBAL EPIDEMIC. This huge rise in money supply takes a good while to work through the system. We al spend money at a different rate. I 10000000% agree with this theory. Take out all the ramifications caused by the pandemic and rewind to late 2019 and I am willing to bet my life that prices (prices referring to most things we buy and drive and eat) would not have spiked to where we are now during this period of time. What I am trying to say here is that it will be VERY, VERY difficult to have seamless transition from this once in a lifetime, multi generational event causing a spike in inflation to an easy handoff to regular 2 to 3 % US GDP growth. There are MANY variables that have to be taken into consideration. Food and housing being the most basic are only two factors of many I am referring to. I would think that once inflation cools down (it will because the FED has 2 mandates: keep US inflation at 2% and maximum employment: HARD PERIOD) rates will start to decline leading to lower US rates, a lower USD and a higher price of gold. If you all are with me let me know. NHK is very undervalued here. My dad and I will continue to buy here in the near future.
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