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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 diceroll777on Nov 18, 2017 6:42am
193 Views
Post# 26988661

Tax loss selling

Tax loss sellingI really don’t think this is a issue for remainder of year. If you were diligent and this was a concern, selling would have taken place at the 2.16 price. Even in this depressed cycle,at best, 4.50% of stock changed hands. With 95% held, it doesn’t take much to move this stock either way. I suppose something catastrophic could occur,but not likely. It will be a churn, but this stock will continue to go higher through year end. If revenue beats because of the aggressive ore turn(102k) and the 41k backlog with gold plus 1290 in price, they will blowout their numbers. I still don’t see it going past 3.00 US dollars by end of quarter, but a nice pop nonetheless. It’s 2018 as a whole I can’t see. 
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