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Kirkland Lake Discoveries Waits for Assay ResultsBob Moriarty My regular readers all understand I am a contrarian for a simple reason. It is the only means I am aware of that you can call turns, many times in advance. We have had giant runs in gold, silver and platinum. In a normal world rational investors would be looking out for a correction. But we no longer live in a normal world. The most accurate and timely sentiment indicator of the hundreds available would be the DSI or Daily Sentiment Indicator from Trade-Futures.com. The price might seem high but it will pay for itself on the first trade. If you are wise, you will contact Jake Berstein as I did and whine that you can’t afford it and you need a break. He will give it. On January 21st of 1980, the day of the very top in silver, the DSI for silver hit 95. On the 15th of April 2011 through the 21st of April, the DSI for silver hit 97 for five days in a row. I had been warning a top was coming. I titled a piece called, Facts on Silver on April 25th of 2011, the day of the highest price for silver since 1980. On the 16th of March 2020 during the covid fraud crash the DSI hit 8 on the day of the low for silver. So, if silver hits 95 or higher you have a major top. If silver hits 10 or below you have a major bottom. And March of 2020 was a major bottom. If you bought the Sprott Silver ETF you could get an eight percent discount and buy below the quoted $12 an ounce for silver. The DSI for silver last Friday was 77. That is not a top. Gold showed a DSI of only 80. We are going higher. We are at the most dangerous period of world history from a geopolitical point of view. Israel owns Donald Trump and his entire cabinet of half trained mental Chihuahuas. Israel is run by a mob of psychopaths who have turned Zionism into a cult of cold-blooded murder and evil. The US is supplying the weapons for their genocide. An entire armada of refueling tankers and bombers are sitting in Qatar just waiting for Bibi to execute the order to destroy Iran. If Israel is stupid enough to conduct one more illegal attack on a sovereign nation that is no threat to them or to the US it will result in the total destruction of Israel and they may well drag the US into hell with them. A misguided belief that they are the “CHOSEN PEOPLE” is not a military strategy. Actually, that is a deliberate misinterpretation of the Book of Genesis. While God made his covenant with Abraham it extended to all of the family of Abraham who created Christianity and the Muslim religion as well as the Jewish religion. A lot of money has been raised in the past few months and flowed into the junior resource lottery tickets. We are seeing exceptional results and I expect a lot more major discoveries. Two months ago, a company contacted me with an interesting story. Kirkland Lake Discoveries (KLDC-V) began in 2023 when one of the founders of New Found Gold named Denis Laviolette vended a property called the Lucky Strike project into the company now known as Kirkland Lake Discoveries. Denis and his team had put together the giant 40,000 ha land position during the worst of the bear market when prospectors and land holders were willing to do cheap deals on their idle projects in the hopes of gold and silver going up some day. The company focus was on the Blake River Group (BRG) that straddles the Ontario/Quebec border. While the BRG area has been overlooked on the Ontario side, in Quebec there are a number of gold and polymetallic mines including the LaRonde gold mine, the Horne mine and the Quemont mine. Mines are less common in the BRG on the Ontario side of the border however Agnico Eagle is bringing into production the Upper Beaver copper and gold mine scheduled for 2027. The Upper Beaver mine is less than two km south of the property boundary for KLDC. The Kirkland Lake properties are broken down into two groups, KL West and KL East. Historic results from years past have included 81 g/t gold over 4 meters, 561 g/t Au over 0.5 meters and 17 g/t Au over 12.65 meters. The KLDC technical team has used ground studies to home in to an area in KL West on the border of the Winnie intrusion. A 1989 drill hole showed 1 g/t Au, 17 g/t Ag and a remarkable 2.6% copper and 2.8% lead over 22.5 meters. That hole was explored as a VMS showing and KLDC believes instead that it is intrusion related. KLDC has completed four holes. They show semi-massive and massive sulphides with highly altered rocks showing evidence of an intrusion related system. Over 1,000 samples have been sent for assays as of August 26th. Assays are tending to take six to eight weeks so should start showing up shortly after the PP is complete. The company has increased the size of an ongoing private placement to a total of $14 million based on high demand. I am participating in this PP. Kirkland Lake Discoveries is an advertiser and I am participating in their private placement so naturally I am biased. Do your own due diligence. Kirkland Lake Discoveries Corp ### Bob Moriarty 321gold Ltd |
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