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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Comment by JRaffleson Apr 17, 2016 4:58am
142 Views
Post# 24775940

RE:Which miner next hasn't yet got their funding and

RE:Which miner next hasn't yet got their funding and
https://www.silverdoctors.com/gold/gold-news/jim-willie-france-us-liberating-mali-gold-to-meet-bundesbank-repatriation-request/
 
AVK’s country of location, Mali, has recently been invaded by France, allegedly, in order to suppress religious terrorism.  However, it has also been suggested, detailed in the above link, that the likely motive was to provide gold bullion to enable France and the US to repatriate gold bullion to Germany.
 
“………. We have an attack announced on Mali in North Africa to wrest gold & uranium timed when the  Germans asked for repayment of their gold reserves.  The quantities really fit.  There was a suspicious comment by the French and British saying it will be repaid in 7 years.  300 tons over 7 years is approximately what Mali produces in gold that will cover almost exactly the German repayment.  That was organized by France and the US……..”
 
When the Mali geopolitical risk is taken into consideration, it is unlikely that Klondex would stand ahead of AVK in overall valuation metrics.
 
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