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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

Post by goldiegoldbergon Sep 14, 2017 11:16pm
143 Views
Post# 26699204

ALL YOU NEED TO KNOW

ALL YOU NEED TO KNOWThis post is worth repeating for all those who didn't get it the first time

Between Jan 1, 2017 and today:

Insider buying total:  80k

Insider selling total: 1,023,007 shares at an average price of 4.92 = $5,033,194
That is not a typo. Incredibly that stat is not even the most devastating statement about what insiders think of this dreadful stock.

Chew on these stats along with your cheerios.

Huet sold 500,000 shares, a staggering 52% of his position
Shultz sold 258,400 shares, 55.2% of his position
Daniel sold 39,684 shares, 52% of his position.

Source; Vickers insider trading chronology
https://marketsandresearch.td.com/tdwca/Reports/Report?documentKey=598-498696103-20170908
 
The rats are jumping from this sinking ship

Pumptards like jin do not want you to see the truth about what’s going on here. There is only one possible explanation for the 6 dots the bagholders can’t seem to connect;
 
1.       insiders selling,
2.       shorts going to town and not covering,
3.       stock plummeting,
4.       Gold skyrocketing
5.       a property that's worth shitt
6.       bagholders being sucked in by the pumptards


The truth can be a painful thing but take my advice and treat stocks as cold and calculating as possible. Emotional attachment leads to financial loss. Do not marry your stock. Do not hold because you are down and think it will come back.
You are being taken for chumps by the insiders and the shorts.
Get out while you still can!
 
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