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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

Comment by ERTguyon Mar 16, 2016 10:52pm
134 Views
Post# 24667984

RE:Been in and out of KDX since 07

RE:Been in and out of KDX since 07
justlikethat wrote: It's been a long road. Looking at a chart going back to 2012 I see a very nice cup and handle breaking out right here. The daily chart looks like it's breaking out of a flag.

KDX is bullish all around. I would be suprised if this company wasn't scooped up here for $500(US) or there abouts. That would bring a price of 4.15 US or so ($6 CAD). That's how these bull markets start.


I wouldn't be surprised either.  Profitable canadian companies are the target.  LSG and CRJ have already been acquired.  IMO it's just a matter of time.  This company's balance sheet and net free cash flow are outstanding.
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