Gurufocus, Simple W S, etc. always use a GOLD price of $2,500/onze to value P/NAV cause they eliminate the cyclical. But the actual price is 4900$. When gold rises significantly, multiples should expand, and it is normal to see a P/NAV 3 to 4. this means miners are dirty cheap.

$DMX, District Metals currently has alum shale mines equivalent in extension to three Vikens, and if the 11 new licences applied by 17 December 2025 are approved, it would have the equivalent of five Vikens-sized mines distributed across four municipalities.

DIDTRICT METALS. Who are the main institutions behind $DMX? RUSSO ASSET MANAGEMENT, led by Warren Irwin, are the earliest. MMCAP International SPC, specialising in mining strategies. SACHEM COVE PARTNERS, focused on uranium. EXTRACT RESOURCES, investor in critical metal juniors.

Yesterday, at the OTC MARKETS virtual investor conference, Garrett, CEO of DISTRICT METALS, announced once again that $DMX will be drilling the alum shale properties (Malgomaj, Tasjo, Österkälén and Viken) between April and June 2026 (Q2), with drilling results expected in Q3/Q4

$DMX, DISTRICT METALS is going to drill in Viken (zones A and B), MALGOMAJ, tasjo, and ÖSTERKÄLEN. The metallurgical technology to be used in the process is called Pug Poast, which perfectly separates almost all of the minerals. It has been used with lithium and rare earths latel

Looking at the Q4 results for HECLA MINING, $HL, we can see how cheap it is to buy it today. $SILVER