RE:RE:RE:RE:My only real concern...Lie/distortion #2;
"Midtier"?
again, KDX news release of aug 4, 2017;
Klondex is a well-capitalized, junior-tier gold and silver mining company Read more at https://www.stockhouse.com/news/press-releases/2017/08/04/klondex-files-technical-report-relating-to-the-hollister-mine#o8ogCgFHUPSsrLvh.99 JintsuGehan wrote: Yep. They wouldn't spend $ 80 M USD for the purpose of "guessing" HG "might" have gold. Based on prior drilling from their time at Great Basin, they obviously have a very sound assessment of what is in the ground at HG.
Furthermore, regarding commodities in general, there is always a lull before the equities catch up to the spot price of the underlying commodity. Gold has picked up heavily since July 5th at $ 1205/oz, but the equities are nowhere near close to capturing the underlying increase in price of gold. Now we are at $ 1346 which means amazing profit margins for most midtiers.
Same like when oil dropped earlier in summer (mid June), then oil equities followed slumping big time.