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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

Comment by JRaffleson Mar 26, 2017 5:24am
92 Views
Post# 26031765

RE:KDX is probably gone in 6 months now

RE:KDX is probably gone in 6 months now
Someone is going to eat this little Klondex up.

2017 seems to be at risk of a take over since KDX spent $100m on Hollister in 2016 and the 2017 output from this mine is reported to only be sales of bulk sample exploration ounces from the Gloria section.

KDX is susceptible to an approach from a predator, whilst information relating to the production output and prospects remain unnavailable.  When Hollister was purchased, managment would have been aware of the expected production ounces, before new exploration ounces were added.
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