Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by jimmyrogers3033on Jun 29, 2016 3:55pm
173 Views
Post# 25009963

Amazing bunch of armchair quarterbacks here

Amazing bunch of armchair quarterbacks here
whinning about the forward sales - you would have been crying if gold had gone below $1000 and Co had to default, wiping out shareholders. Be grateful we're in a new bull -  earnings are going to skyrocket the next few years. Plus forward sales allowed KDX to buy Rice without huge share dillution, that would have REALLY hurt per share earnings going forward.

This becomes one of the less risky names if there is a correction (gold only goes up, right?) and a huge earnings winner over many years.

Gold's going back to $1800 US so this could be a $20 stock!
<< Previous
Bullboard Posts
Next >>