A little respect today....KNT is the only green on my list of 30 odd gold miners. We may now be getting some of the recognition that this miner deserves
This story has become so compelling that it would be foolhardy to relinquish any shares. We are very likely looking at a massive resource of 20+ moz and add a couple of porphyries and we are getting into serious money..
Our current back drop could not be better. World economies especially the west are doomed by debt. There is no way out except for extreme austerity.
Britain lost it's empire because of allowing debt to spiral from the two world wars. They then had to stay on an austerity path for the next 2 decades. The US is now facing exactly the same scenario. It must shrink it's spending dramatically but currently there is no political will and additionally the situation is already dire for most of it's citizens.
MMT is the cry from policians and the new Fed Heads. It will fail and lead to hyperinflation and eventually a deflationary bust where austerity will enter the door as an unwanted guest.
Listen to Lacy Hunt a foremost economist and also Danielle DiMartino Booth a savvy former Fed advisor.
https://www.youtube.com/watch?v=wAvhIzSpkH0
https://www.youtube.com/watch?v=ZciRh-57-sY