Topic: How To Invest

Q: Hi, Pat. Here’s a stock I would appreciate an opinion on: Seahawk Ventures (SHV). Thanks.

Article Excerpt

A: Seahawk Ventures Inc., $0.18, symbol SHV on the Canadian Securities Exchange (Shares outstanding: 141.1 million; Market cap: $7.1 million; www.seahawkventuresinc.com), is a Canadian resource exploration company. The Canadian Securities Exchange (CSE), formerly the Canadian National Stock Exchange (CNSX), is one of the country’s alternative stock exchanges. You can trade CSE-listed stocks through your broker. You can also get stock quotes at www.thecse.com. Seahawk is focused on the Urban-Barry Greenstone Belt in the Abitibi region of Quebec, Canada—one of the busiest regions in Canada for gold exploration. The company has 100% ownership of five mineral properties covering 25,000 hectares. Those five sites are in an area of active exploration. The Urban-Barry Greenstone Belt is where Osisko Mining (symbol OSK on Toronto) continues to evaluate the Windfall Lake Zones, and Bonterra Resources (symbol BTR on the Toronto Venture Exchange) is in the advanced stages of assessing the Gladiator Zone. However, that activity is far from a guarantee that Seahawk will find a significant deposit. In…