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StockEgg.com - Insider Buying, CEO buys 12 Million shares

Stock Egg   (Thursday, March 04, 2010 7:49 PM EST)

Special Alert - BHWXTurn your attention to BHWX, BHWX just announced the other day that the CEO has purchases 12 Mill shares of the stock at a 40% premium to the current market value.

One of the greatest investors of all time, Peter Lynch, was noted as saying that "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
    
BHWX is a gold, silver, and lithium exploration company.

Gold, silver, AND lithium. Could it get any better All three give investors an opportunity for a huge pay off. The market for minerals and metals like this is gigantic!

BHWX wholly owns two subsidiaries, Blue Lithium Energy and Golden Black Hawk.

What makes BHWX especially attractive is their involvement in lithium and the location advantage that they have.

Lithium is a key element used in the development of the Electric Car battery power source.

As all major car manufactures move towards hybrid electric cars the demand for lithium batteries could skyrocket in the coming years!

Through Blue Lithium Energy, BHWX holds the rights to a 56 claim, 1120 acre property located in Lithium brine rich, Clayton Valley, Nevada.

This is an extreme location advantage for BHWX as Clayton Valley is the home of the largest and only Lithium brine production facility in the United States!

The American Institute of Mining estimates the Lithium resources of the Clayton Valley to be 750 million Kg.

Clayton Valley Lithium brine deposits are found at depths of a few hundred meters and can be extracted in an environmentally friendly manner.

The potential for BHWX just with their lithium exploration alone is staggering. There is a serious market for lithium minerals these days.

As the demand for battery-powered devices increases, so does the demand for lithium!

According to Pike Research, lithium-ion batteries will be the fastest growing category for utility-scale applications growing to $1.1 billion worldwide by 2018!

BHWX`s other subsidiary Golden Black Hawk, possesses a 75% interest in the Dun Glen mining property in Pershing County Nevada.

Dun Glen has a successful history of gold production dating back over 100 years.

Third party estimates put the potential gold reserves of the Golden Black Hawk holdings between 500,000 and 2 million ounces!

The buzz is huge on gold right now with the dollar weakening and the trend is looking very bullish.

Gold rallied over an impressive $1200 last December! This is significant considering there was much speculation of whether it could even hit over $1000.

Gold could be heading to those levels again fast which could significantly give major boosts to companies like BHWX.

Analysts at Commerzbank commented, "Alongside the currently robust jewelry demand from India and the high interest of speculative financial investors, ETF demand could also support the gold price in holding up against the firm U.S. dollar and in advancing toward the $1,200 an ounce mark."

Gold could even lead the way for silver as silver is viewed as a less expensive alternative.


Start your research on BHWX fast: www.BlackHawkExploration.com

Please do your due diligence and consult with a financial professional.

 
 
 
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