RE:Klondex Canada's value of $45M (mill and exploration asset)At $2.90 per share, KDX offers a good arbitrage opportunity for those who are interested in making a relatively quick 5% gain.
stockfy wrote: Proforma today's deal, Klondex Canada is valued at approximately $45 million and includes a mill in Manitoba and an exploration asset, based on my calculations. So it seems to me that debt-free Dynacor Gold (DNG) is grossly undervalued given that DNG's current Enterprise Value is only $65 million. And debt-free DNG has a brand new mill of 300 tpd, an exploration asset (Tumipampa) with very promising results to-date, produced almost 80,000 oz gold in 2017 and expects to produce about 90,000 oz gold this year thanks to the ongoing tonnage capacity expansion to 360 tpd. Just my two cents.