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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 of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Bullboard Posts
Comment by delt1970on Jun 20, 2013 6:18pm
106 Views
Post# 21550636

RE: News on Klondex Mines

RE: News on Klondex Mines

Mr. Phillips, our chairman, makes an interesting comment about credibility that I'm glad was captured by the writer of this story who apparently attended the AGM:

"The company, which currently trades at around $33 per ounce versus an average of $45 an ounce for industry peers, is expected to see a boost in credibility and profile after the new resource model is announced, according to chairman Larry Phillips, as the document "will remove a lot of questions around there."

I hadn't realized that the previous resource report was so much in question. I guess the engineer who is preparing the new one enjoys a higher level of confidence within the mining and institutional investment community.

Bullboard Posts