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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 nicholason Nov 13, 2017 2:54pm
163 Views
Post# 26953508

RIC VS KDX

RIC VS KDXRichmont Mines produces 27k ounces in Ontario at a cash costs of around 650$, and has a market cap of around 700M $CAD (was much higher per buyout offer by Alamos).

Fire Creek produces that much at cash costs of 450$, while Klondex has now a market cap of around 500M $CAD. Of course, I leave out its other mines out of the equation, which could easily fetch a nice sum for being in safe jurisdictions (how are those South America/Mexico/African assets going for TAHO, FR, ABX and EGO - in Europe that last one).

I let that sink into your mind.
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