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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. > I agree..that is why I dont own KLDX
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Post by goldstd69 on Jun 24, 2016 7:23pm

I agree..that is why I dont own KLDX

they sold forward...never works for shareholders imho...a good stock but a bad decision to sell production forward...
Comment by PMInvestor08 on Jun 25, 2016 12:06pm
This post has been removed in accordance with Community Policy
Comment by JRaffles on Jun 26, 2016 6:52am
The best policy seems to be to ask banlers for their advice - then do the opposite. The bankers advice to the UK govt, was to remain in the EU - the voters took account of this and did the opposite. In an interviewm, KDX's PR man, Jean Seaberg, said that KDX gave their new Canadian project operators $10m and then to mine and sell gold under their feet as the source for new capital. It seems ...more  
Comment by goldingot on Jun 27, 2016 12:25am
It appears we have a lot of armchair quarterbacks/wannabe ceo's (not just on this board) who, in hindsight can look/sound brilliant  but who in reality would likely be failures using foresight. I'm thinking the company was willing to risk this in order to lock in numbers and plan their year with guaranteed cash flow and, lets face it, they haven't excately sold out the farm ...more  
Comment by JRaffles on Jun 27, 2016 3:49am
I'm thinking the company was willing to risk this in order to lock in numbers and plan their year with guaranteed cash flow and, lets face it, they haven't excately sold out the farm.   My investment in Klondex was made to achieve gold / silver leverage and the rationale included:-   Klondex has the highest underground grade mine in the world and therefore would appear to be ...more  
Comment by biloshi on Jun 29, 2016 6:49pm
Agree 100%!!! Cheers!
Comment by bob828 on Jul 01, 2016 11:33am
Do you all wish you owned now!!!!
Comment by PMInvestor08 on Jul 01, 2016 12:02pm
This post has been removed in accordance with Community Policy
Comment by goldingot on Jul 01, 2016 12:33pm
I agree...that is why I own KDX.
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