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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 Sep 13, 2023 8:24am
145 Views
Post# 35633319

Lack of insider buying...Reason?

Lack of insider buying...Reason?100% speculation on my behalf but I consider the now over 3 months of zero insider buying very interesting to say the least. Yes they closed the $11.3m C raise in the mean time but that was several weeks ago. They now have about $15m C in cash instead of the roughly $4m C when they closed the raise. It is A LOT easier to negotiate (whatever you are negotiating) when you are cashed up and not having to worry about $ for a good while. Those across the table from you know this as well. This takes some of the urgency out of NHK's management in this case. I not expecting anything earth shattering but my gut says that something may be in the works...
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