the president of klondex is in no hurry to merge with silvercorp or anyone else:

TWST: What about mergers or acquisitions, or partnerships? Are you considering anything like that?

Mr. Solloway: We are continually being approached. Currently, we are talking to major companies with the idea of them making an investment in us or even merging. But we are not very anxious to merge now because our our valuation - like those across the gold exploration industry - is very low. Because of the incredible good luck we have had in developing our property, we have discovered over 2 million ounces of gold resource so far. We reported the new estimates on March 31 of this year in our 43-101 resource update, which was filed with the Canadian security regulators and the Toronto Stock Exchange.With gold today being $986 per ounce, that is roughly $2 billion worth of gold there and our market cap is approximately $30 million.

http://finance.yahoo.com/news/Small-Cap-Gold-Mining-Stock-twst-936260324.html?x=0&.v=1