RE:Earnings Call Still over a month away
Your comments are spot on Jin. I also was furious after the last call because they abruptly stopped answered questions after only 15 minutes. As if they just finished a great quarter or something !! And Huet only took soft pitch inquiries. Except for the question about closing TN everything was very cordial and polite.
As long as management continues to keep silent the market will rightfully assume they are in trouble and the share price will continue to drop.
Why the silence ?
Maybe they are granting themselves a boatload of cheap options, Maybe reserves really have dropped dramatically and we are looking at reduced mine lives. Maybe they are just fat and lazy.
We don't know. But with 2018 production hedged at 1275 nobody in there right mind should own KDX.
BTO and KL also lower in price now, but have enormous potential and will fully benefit if POG does rise this year.