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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. > Highwave
View:
Post by diceroll777 on Jan 04, 2018 1:14pm

Highwave

I agree with long term. I’m a little mad that institutional investors are taking advantage of the stock. The trading is ridiculously high. In the current situation, I’m sure the small investor is paying the price for institutions to make money. Like I said earlier, they will beat the  snott out of this stock and get the easy scared money. After they have squeezed every drop, they will come back in buying to run it up and try to get two bites of the apple. I’m in and not retreating but I see the small investor being taken advantage of. Also, give their crummy 3rd quarter, you would think Huet would get information out fast or at least schedule the earnings date.
Comment by Highwave on Jan 04, 2018 2:30pm
If this company is really going throw off cash in 2018...  If I were management and had good visibility into the next 2 years regarding positive cash flow I would annouce a 5% share buyback starting at these prices.  Money is cheap right now and a small note could be paid off fairly quickly.   The question is if you are truly considering it what is the best way to maximize ROE ...more  
Comment by JintsuGehan on Jan 04, 2018 3:44pm
The bulk of gold companies today on TSX GOLD index were barely up peantus, flat, or down a couple % even.  Nothing is really moving past few days in the gold space. Klondex also got hit or traded flat like when it closed unchanged 2 days ago at $ 2.61 USD. The gold price now at $ 1322 USD is great, and eventually the equities will correlate to the price of gold. Many other golds dropped ...more  
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