Bullboard - Stock Discussion Forum 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... see more

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KLONDEX MINES LTD. > I have to see some reserve growth

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Post by goldstd69 on Jul 11, 2017 8:43pm

I have to see some reserve growth

to make me a buyer...KLDX just seems to be a speculator stock lacking management and solid fundamentals...jmho

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Comment by goldingot on Jul 11, 2017 10:40pm

You will see the reserve growth in q3 or q4.....however you will pay more per share at that time, maybe as much as 30-40% imo.

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Comment by goldstd69 on Jul 12, 2017 10:29am

and you may be right. overbought short term and over sold intermediate term...I may buy on sell offs. Thanks for the reply.

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Comment by Looking4Doubles on Jul 12, 2017 12:23pm

For what it is worth . . . I would suggest that you go study the first qtr report and ask yourself the following questions: 1.) Were the margins, profitability, etc.. "unnaturally" low due to the fact that they weren't able to truck the ore to the mill ? (so the mill and the revenue numbers weren't normal and the costs had to be spread over a MUCH smaller volume) 2.) Why wouldnt ...more

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