Stockchase Opinions

Joe Mazumdar Nighthawk Gold NHK-T DON'T BUY Mar 05, 2019

Used to own it, because they had a high-grade project in the Northwest Territories, but they were interested in a lower-grade target that didn't interest him so he sold. He doesn't know their company strategy anymore.
$0.370

Stock price when the opinion was issued

Mining
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WEAK BUY
Has had trouble getting traction. This is one you should bargain hunt for in the $0.10-$0.20 range and hope they come up with some new idea post uranium.
TOP PICK

This is a stock he likes, because he is looking for exploration plays with (?) land packages. It is in safe jurisdictions in the Northwest Territories. They did a private placement for about $10 million, and it was upsized and brought in $25 million, so they are sitting on about $38 million of cash.

PAST TOP PICK

(A Top Pick March 6/17. Down 14%.) Sold this recently as the risk/reward was no longer favourable. The drilling they’ve done so far in 2017, has failed to find more of the high grade.