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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 prouditalianon Nov 15, 2017 9:07am
147 Views
Post# 26966510

why are shares down? because

why are shares down? becausethe reason the shares are down so much is not that they missed production...its the cash burn. There is a chance if something goes wrong they run out of cash...and vulture shorts know it and attacked.
If they burn more cash next Q they will be forced to dilute no matter what the price is at...Could be 1 buck..who knows.
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