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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 JintsuGehanon Nov 11, 2017 10:47am
90 Views
Post# 26944964

RE:Institutional investors

RE:Institutional investorsThe volume was 2.2 M not 6-7 M plus...

Some have liquidated a bit, but there would be huge volume needed next few days for them to liquidate ALL holdings. (institutional)

20 analysts on site visit in September was said at Denver Gold Forum in Huet's speech. This is not a drop in the bucket penny stock.

They need to reduce "all in" costs for 2018 which should be perfectly doable once Hollister and TN are fully ramped up. All this Capex will have been spent in 2017.

JIN 


diceroll777 wrote: CHECK NEXT WEEK AND YOU WILL SEE THESE FIRMS SOLD OFF! A number of institutional investors and hedge funds have recently bought and sold shares of KLDX. Formula Growth Ltd. bought a new stake in Klondex Mines in the 2nd quarter valued at $23,468,000. State Street Corp bought a new stake in Klondex Mines in the 2nd quarter valued at $10,076,000. Northern Trust Corp lifted its position in Klondex Mines by 6,814.4% in the 2nd quarter. Northern Trust Corp now owns 1,550,405 shares of the company’s stock valued at $5,225,000 after acquiring an additional 1,527,982 shares in the last quarter. U S Global Investors Inc. lifted its position in Klondex Mines by 5.6% in the 2nd quarter. U S Global Investors Inc. now owns 11,100,000 shares of the company’s stock valued at $35,159,000 after acquiring an additional 592,400 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in Klondex Mines by 190.0% in the 1st quarter. Renaissance Technologies LLC now owns 891,101 shares of the company’s stock valued at $3,471,000 after acquiring an additional 583,801 shares in the last quarter.


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