In a cakewalk, Hawk Uranium's board of directors slate was elected. All previous directors were returned; new director Richard Nemis, chairman emeritus of Noront Resources, was added. The same near-unanimity prevailed for all of managements' resolutions. Hawk Uranium, although not primarily a gold stock, does have the Holdsworth gold property in Northern Ontario.
Although the news hit at about 11 AM, Hawk was nonetheless higher right after trading began. Its first trade went at 4.5 cents, up a penny from Friday's close. It stayed at 4.5 cents until just before noon, when it bumped up to 5 cents. Friday's close, though, marked a monthly low for the stock.
The Google Finance page for Hawk Uranium is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Monday, March 9, 2009
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