KLONDEX MINES LTD. T.KDX

Conference Call

[p.yu]

That was perhaps the worst KDX conference call I can recall, maybe that is a good thing based on past calls in which the company promised the moon but failed to deliver. I was disappointed by the fact that they failed to adequately address what happened in 2017 and how they are addressing the situation in 2018. All I heard was 2017 was a tough year but trust us, we are going to make sure it does not happen again in 2018. Are you kidding me? No management/board shake-up other than sending the IR guy packing. They sad they had 15,000 oz from Hollister that they chose to hold onto rather than sell but then they turn around and sell it in Q1? No explanation, no terms. 

I am not surprised the stock gave up the previous days gains, the TSX rebalance happens tomorrow and the lower the price the better for the Shorts and Waterton to take advantage of once they sell. 

This is dead money until they get their act together or shake things up.

[own_quality]

Agree it was typical Huet... no apologies or dwelling on the past.  Basically, just an oh well we won't let it happen again.  What did you expect?  The guy is basically lacking any real emotions or personality or class.  He did explain the decision to sell the Hollister ore stockpile.  They can already run the mill at full capacity with Midas and Fire Creek ore at

[Highwave]

i think they didnt sell ore until Q1 because tbey knew they were gonna disappoint in Q4. So why not goose 2018 Q1 with that Hollister stockpile. It also probably gives them some cushion to make their 2018 guidance at Hollister as well.

[goldminer01]

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