Noticed this stock when reading up on Argus Metals. This looks like it has great break-out potential. I placed some on this one today after brief DD. It appears the market thinks the future looks bright for this company.

Big Question
If you do, please ask him who walked away from the financing deal. It might be a concern if mid city capital walked, it still means bhwx wants capital at .22 ps. Gl

Price fluctuations with micro-cap stocks are hard to time with technical analysis and more time is needed to focus on the fundamentals. I held this stock when it was higher and gapped my position lower to maintain my position and minimize losses. The news today should bring another strong rebound. Looking longer term, the risks to this company's plan forward is reduced and that should drive the pps off these levels and maintain a higher premium.

Appears at base support level. Found this one today, watched the presentation on their website and started a position today. This looks like great timing. I made some great trades last year with a very similar company merger that was seriously under-valued (qelp/qrcp). GLTA

Vista Partners Initiates Coverage on Black Hawk Exploration Inc.; $1.85 Target Price
Date : 04/21/2010 @ 9:15AM
Source : PR Newswire
Stock : Black Hawk Expl (BB) (BHWX)
Quote : 0.585 0.035 (6.36%) @ 4:12PM


Vista Partners Initiates Coverage on Black Hawk Exploration Inc.; $1.85 Target Price

Vista Partners Initiates Coverage on Black Hawk Exploration Inc.; $1.85 Target Price

PR Newswire

LOS ANGELES, April 21

LOS ANGELES, April 21 /PRNewswire/ --

Vista Partners announced today that it has initiated coverage on Black Hawk Exploration Inc. ("the Company"), (OTC Bulletin Board: BHWX), with a twelve month target price of $1.85. Ross Silver, CEO & Principal Analyst at Vista Partners stated, "Third party estimates state there are anywhere from 500,000 to 2,000,000 ounces of recoverable gold at the Company's Dun Glen property. At today's price of gold, which is around $1,130 per ounce; that would equate to $566 million worth of gold on the low end of the estimated range. While the company is still in the exploratory phase, we are highly encouraged by the preliminary findings to date. We believe Black Hawk represents an attractive investment opportunity at the current share price." To download a FREE copy of the research report, please visit the Vista Partners website at www.vistap.com and click on the download research icon.

About Vista Partners:

Vista Partners provides equity research to institutional and individual investors, with a focus on publicly traded companies under a $600M market capitalization. Vista Partners' professional staff has backgrounds in finance, corporate communications and investment banking. More information is available at www.vistap.com.

Vista Partners LLC

Ross Silver

(415) 738-6229

info@vistap.com

www.vistap.com

SOURCE Vista Partners

Expecting a sell-off? At the close today the buyers out-numbered the sell orders and it has not had the drop I was expecting with the lithium dry hole(just not enough to for production). This is a very good sign that the large holders know not to jump out of this when they are less than 10 days from another announcement on Dun Glen that could be much larger than the lithium deal. To get all the news from them look at otc bb sites for all bhwx has issued.
http://www.otcbb.com/asp/Info_Center.asp
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=bhwx

CEO Blog from website:
April 4th, 2010 -CLAYTON VALLEY lITHIUM AND DUN GLEN GOLD UPDATES
Last week we received news on our Lithium and Gold exploration programs. The Clayton Valley drill program encountered 440 feet of lithium brines from the 520 foot drill but lacked encountering a lithium aquafier with suffient commercial quality. Lithium is in everyones future and we're 100% committed to the growth of Blue Lithium Energy.

On the good side Dun Glens Gold potential continues to expand and we have started the Permit process which lays out our Core Drill Program and look to starting our Phase 1 trenching of our surface mineral sampling this Spring. We are also highly confident that based on the Wright Geophsics Report we have just received that the target areas are considerally larger then previously anticipated and more specific in zone. Potentially the Dun Glen Gold property could yeild between 3 million to 5 million ounces. Remember, the key term is 'potentially'. We have a long way to go and the next step is our surface trenching later this Spring. I'm optomistic and will keep my fingers crossed for all of us.

Kevin M Murphy – CEO
Black Hawk Exploration, Inc
BHWX.OB

http://www.black-hawk-exploration.com/detailpage.asp?ID=10436&Category=CEO%20Blog&Cat=Sub

Well that Update is good and bad. What is the consensus from the message board on this? My take is the good outweighs the bad, but it is hard to project what the traders will do next week. I like it as a long term play and will average down. Im in with 35k at .565

10-K will likely come on Monday. I am new to invest in bhwx and noticed this link. Have a look. I agree the upside is huge and we are at lower support lines.

http://www.vistap.com/pdf/Newsletter_April_2010.pdf

ratracer,

Could I just give you my money to invest? You're ahead of all of us.

Anyone else in?

Try doing your own dd. Please read the board before posting old news. I think you must be a smart investor, what are your recent buys? Or do you just follow others and ask fastidious questions?

news release.

http://www.prweb.com/releases/2010/03/prweb3816424.htm

Question for Randy,

Back on feb.22 I added 70k shares, watched it closely and eod(2 min before close) there was a buy of 1mil shares. You can see this on google chart but not ihub or any of the 10 other chart sites I look at.

Can you explain why the 1mil share trade does not show up? I did see the trade on iHub as a buy side order..
thanks in advance

here's a link
http://www.boerse-frankfurt.de/EN/index.aspx?pageID=35&ISIN=US2482311022

also the cease trading in canada info at
http://www.bcsc.bc.ca/Search/Results.asp?s=denarii

I was looking at that same question, no sec for the major holders, currently. Did the dd on former majors like the Briner group who is soldout, fye search spamalot+briner. Did contact Cris Lori who does not own the 30m shares of dnrr anymore. He does have a good website and trades forex. I'm also interested in the new ceo. I called the number listed, 1-949-335-5159.
Awaiting a reply.

I wanted to say since the last post that I spoke with Mr Carnie last Thursday to discuss the recent drop in trade value and if a rebound is possible. It was the first time speaking with him and I had scratched down some quick questions to ask. The point is the future looks bright and we will get a press release on what he is working on shortly. Im new to invest here, if anyone has anything to add please do.

Im new to dnrr and have done some reading on it.
Does anyone think a rebound is possible at this level or does it have further to fall?