Black Hawk Exploration (fka BHWX)

[rbtree]

Why huge? Have you read the financials? They let all their other properties lapse. Have done no exploration on the new one yet. The chart I pulled shows no trading till a few days ago. There is nothing to justify a market cap of over about $1 million, let alone the $75 million it currently sits at.

I got an email from Newsmax on it today. Secretstockpicks recieved $95,000 to tout this stock, which has no geologists or real experience. They'd need a JV partner if they found any minerals. Which they might, but, just because the property is next door to a producer, is no guarantee of success. Here's the pump rag:

http://www.secretstockpicks.com/_emailsir/sir100509/bhwx100509.html

Steer clear will be what I will do and suggest, till it is priced more fairly, at under 5 cents...and until they announce any exploration plans.