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Fretting over savings, Mrs. Watanabe turns to bitcoin
Kenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
VANCOUVER, British Columbia, Canada -- Kenadyr Mining (Holdings) Corp. (TSX Venture: KEN, OTCQB: KNDYF, Frankfurt: KM0) announces that drilling at the South Zone of Kenadyr's fully owned Borubai License in the Kyrgyz Republic has intersected widespread gold mineralization including 40 meters at 6.17 grams per ton.
The South Zone is directly adjacent to Zijin Mining Group Co. Ltd.'s Taldy Bulak Levoberejnyi ("TBL") Mine deposit, currently in production.
Initial drilling was designed to intersect an area drilled by the Soviets between 1970 and 1990 that intersected significant gold mineralization. The current drill hole provides support for the validity of the historic Soviet results and indicates that widespread gold mineralization may exist on Kenadyr's license directly adjacent to (within 100 meters of) the TBL mine.
The South Zone is open in three directions and to depth and there are strong indications that it connects to the TBL deposit. Core recovery is greater than 95 percent and all intervals have been assayed using fire assay methods at an internationally accredited laboratory (ALS Global). ...
For the remainder of the announcement:
http://kenadyr.com/kenadyr-announces-partial-drill-results-from-drill-ho...
Fretting over Savings, Mrs. Watanabe Turns to Bitcoin
By Minami Funakoshi and Joyce Lee
Reuters
Friday, June 2, 2017
Long the preserve of geeky enthusiasts, bitcoin is going mainstream in Asia, attracting Mrs. Watanabe -- the metaphorical Japanese housewife investor -- South Korean retirees, and thousands of others trying to escape rock-bottom savings rates by investing in the cryptocurrency.
Asia's moms and pops, already regular investors in stock and futures markets, have been dazzled by bitcoin's 100 percent surge so far this year. In comparison, the broader Asian stocks benchmark has gained 17 percent over the same period.
Even after a tumble from last week's record $2,779.08 high, bitcoin rose more than 60 percent in May alone -- driven higher in part by investors in Japan and South Korea stepping in as China cooled after a central bank crackdown earlier this year.
Over the last two weeks, and encouraged by Japan's recognition of bitcoin as legal tender in April, exchanges say interest has jumped from the two countries. Bitcoin trades at a premium in both, due to tough money-laundering rules that make it hard for people to move bitcoin in and out. ...
... For the remainder of the report:
http://www.reuters.com/article/us-bitcoin-asia-idUSKBN18T0K2
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