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Greenhawk Resources Inc C.GRHK

Alternate Symbol(s):  VGGOF

Greenhawk Resources Inc. is a Canadian resources exploration and development company. The Company owns a 100% interest in two mineral exploration licenses and one prospecting license in Greenland, known as the Storo Gold Project. License 2014/11 covers 12 square kilometers (km2) on Nuuk Fjord, Greenland, northeast of Nuuk, Greenland’s capital city, containing the Storo gold. It also has an exploration license (MEL 2021-01) surrounding the 2014/11 license, covering an area of 540 km2. The Storo gold deposits are located in strongly deformed and metamorphosed rocks of Archaean age. The area is an extension of the North American Craton and is suggested to correlate with the Nain Region in Labrador, Canada. At the Storo Gold Project, there are two levels of mineralization, the Main Zone and the BD Zone.


CSE:GRHK - Post by User

Bullboard Posts
Post by SurfForWealthon Aug 09, 2005 10:47am
379 Views
Post# 9377072

Ouch!

Ouch!Looks like my re-entry timing sucked big time. Looks to me like the market has really overeacted. At most I suspect this accounts for 10% of revenue. Material usually indicates 5% or greater impact on results. Organic growth and additional licenses could over shadow this impact. The stock is now down over 51% from the 52 week high. The only negative during that time is this news this morning about Betfair. The stock was over loved near it's 52 week high but now it is under loved. So typical of market behaviour. This sorts out the fools from those who know how to make money. Cheers!!!
Bullboard Posts