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Bullboard - Stock Discussion Forum 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... see more

TSX:KDX - Post Discussion

KLONDEX MINES LTD. > When will this thing break out
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Post by justlikethat on Aug 28, 2014 1:20pm

When will this thing break out

I don't know if I can bear the day to day grind. THe chart looks great but my god....lets get moving already
Comment by Allthewaydown on Sep 01, 2014 9:56am
Nobody buys, nobody sells - low volume, and stable at $2.00-$2.05. The thing is, price has to catch up to income. By the time they finish ramp-up we will be looking at what... $0.30/yr? At a conservative P/E of 15 that is still $4.50. The stock is just not on people's radar at the moment. It's actually nice to have a non-heart attack stock in the portfolio.
Comment by JAYDEE16 on Sep 02, 2014 8:45pm
lol @ non heart attack stock .. in any case we have had a serious technical flag here so its just a matter of time we see a breakout.  I think once we break 2.15 we easily see 2.50+ . Noone wants to pull the trigger until they see a confirmed breakout  I am considering a position as you stated once the market returns to respecting fundamentals we should see a nice gain from here. 
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