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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Bullboard Posts
Comment by justlikethaton Jan 18, 2011 12:39am
255 Views
Post# 17987657

RE: RE: aRE: RE: Mackie inistiates coverage on KDX

RE: RE: aRE: RE: Mackie inistiates coverage on KDXI agree with your first example. I'm not sure why he has not resigned from GEI. With that said, everyone knows this and I'm sure he is aware of this as well. Anything that smells from this will be met with a plethora of shareholder lawsuits. They have to know this. At least its out in the open. So many of these types of issues are done behind close doors with loopholes galore.

Your second example is just status quo for jr explorers. That's how it works. Nothing unusual or nothing implied there. It's just another form of marketing.

Your third example is by far the most that shows inexperience at the time. They were consulted however by Scotia of all groups during this process. Scotia should have know better. Mgmt's also on the hook but when you pay for experts to provide you with the best possible outcome....I'd like to think that everyone has learned from that.

The grades at Firecreek are just unreal. With just a bit more exploration this thing could easily turn into a 5-7M oz property. Should that materialize, it will more than make up.

You have to be a client of Mackie's to obtain the research. I too would love to see the assumption built into that evaluation. We'll see it soon enough is my guess
Bullboard Posts