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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. > HORRIBLE DEAL FOR THE LONG-TERM
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Post by JintsuGehan on Mar 19, 2018 12:20pm

HORRIBLE DEAL FOR THE LONG-TERM

This is a disgrace. The shares were just $ 2.23 USD around December 7th then hit $ 2.83 USD on December 26th. They are selling out themselves at such a low value. They needed two good 2018 quarters to bring up the value of the company to $ 2.50 USD/share through cost control and cash generation as was the supposed plan per last week's financials. Then get taken over maybe around $ 3.00 USD. Terrible deal. Hecla is garbage. This was $ 2.09 USD right when they release Fire Creek resource update (still very odd). Now at $ 2.23 USD hardly a premium from where it just was at February 5th. Waterton buying up a storm the past month...we all know who was in the loop. JIN
Comment by goldminer01 on Mar 19, 2018 12:37pm
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