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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
Post by goldinontarioon Mar 22, 2014 6:10pm
439 Views
Post# 22356202

All in

All inJust loaded up on KDX.  I am a big believer in Gold and especially gold miners but this one came on to my radar during the past month.  After doing some DD, I am in....why, because this stock has three distinct features that you will not find in most juniors:

1) analysts predicting unbelievable growth in revenue...that is right from $13 mil in 2013 to $180 mil in 2016, and the rise is smooth and spectacular

2) ridiculously high grades or I guess more importantly low low costs of production, meaning that under any gold price scenario we should see great revenue and profit growth.

3) an operating mill and it still has cash in bank...that is kick your feet up and relax the cash should grow from here

Oh and BTW, we are talking Nevada...one of the best places for mining!

Good luck to all longs, we are in for a great ride during the next few years.
Bullboard Posts