KLONDEX MINES LTD. T.KDX

Metals & Mining Industrial Metals & Minerals

"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."

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KLONDEX MINES LTD. > Blackrock Is Now A Bigger Player

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Comment by JintsuGehanon Feb 01, 2018 5:36pm

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Post# 27484289

RE:RE:Blackrock Is Now A Bigger Player

It is a big deal goldminer.

This is a brand NEW 12.9 M share position for Blackrock.

+ Waterton's near 16 M share position.

The big boys are positioning knowing this SP just doesn't make any sense at near $ 1350 gold.

2017 is in the past. They will come under guidance a bit, but market has priced in the worst already.

Even if they hit 60 K - 65 K GOEs for 2017 Q4, it will be a PROFITABLE quarter and around 4-5 cents EPS.

JIN