Wednesday, October 28, 2009

BHWX Looks Poised to Rebound Today

1) With BHWX very close to its major support level, we think it could be an ideal opportunity for members to look at it NOW.

2) Although the stock has only been trading for about a month, the overall trend has clearly been up, and upside volume recently exploded higher. How many new small cap stocks do you know of that have averaged over $1 million in daily trading over the past 20 days? There is clearly a growing base of interest in this stock.

3) The stochastics is trending higher but is currently not overbought.

4) The MACD is above the "0" line suggesting a "Strong" Bullish trend.

Black Hawk Exploration (BHWX) is a lithium exploration company that is currently focused on securing and developing high quality lithium properties.

Why is Lithium so hot you ask?

Well...for starters, it is the metal of choice for battery manufacturers because it's smaller and lighter than nickel and it stores 2-3 times more the energy. The good news for BHWX is that it is very expensive.

In fact, the lithium-ion battery alone in GM's Volt hybrid is estimated to cost $21,000!

Lithium is used everywhere: 6 out of 10 cell phones and 9 out of 10 laptops worldwide plus, it's used in textiles, propellants and even NASA uses it for aerospace alloys.

Is it any wonder BILLIONS in stimulus money have been set aside for lithium-ion batteries to be developed for hybrid cars?

BHWX also...

· Is strategically positioned to flourish in the lithium industry and position its investors to benefit from the growing global demand for lithium.

· Has properties that are located in the Clayton Valley, Nevada which the company claims is home to the ONLY lithium production facility in the entire United States.

And just a couple of weeks ago...

BHWX announced that it had entered into an equity financing agreement for up to $1 million.

Under the terms of the agreement, BHWX has the right to call upon funds as needed and has received its first tranche which will be used for additional claim evaluations and operating expenses. To read the complete article Click Here

That's not all...

BHWX also announced it was preparing for a Drill Program and acquisition of additional claims in Nevada!

BHWX's geologist, Buster Hunsaker stated in his report... "...The area we are currently evaluating has a geologic and topographic setting that is similar to Clayton Valley." To read the complete article Click Here

If you recall, The Preacher alerted members to another Lithium stock just about a month ago. Maybe you remember that little gem by the name of AMLM?

You better remember it, because in only 3 weeks, AMLM made a TRIPLE-DIGIT GAINscoring BIG PROFITS for many of our members! If everything goes as planned, we thinkBHWX has the potential to see similar gains.

With lithium demand SURGING HIGHER, an equity financing agreement for UP TO $1 MILLION, a VERY PROMISING Clayton Valley Property already in their portfolio, and a company focus on acquiring ADDITIONAL lithium claims, we would love nothing better than for BHWX to be our "next AMLM".

So do your own homework and add BHWX to your radar right away. We don't want any of our members to miss out on this one.

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