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baystock1

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baystock1

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Re: StockItOut post# 37950

Friday, 08/07/2015 1:03:17 PM

Friday, August 07, 2015 1:03:17 PM

Post# of 63744
Klondex is a very good company with its mines in Nevada. But it is 6x the market cap of BAA, but with less production of 120,000 oz/yr and way less resources at only 1.5 million oz of resources. Being an underground mine, they will surely find more resources at Firecreek.

So KDX is roughly 10x more expensive than BAA. I am not prepared to pay that much of a premium for assets in Nevada over assets in Africa.
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