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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 own_qualityon Apr 19, 2017 11:57am
130 Views
Post# 26137514

RE:Production will be closer to 300k oz in 2017 ???

RE:Production will be closer to 300k oz in 2017 ???Correction: Make that 207k from Midas and Fire Creek with flat production for the remaining 3 quarters of 2017.  I forgot to subtract the Hollister 1Q stockpile.  You have  51.7 in Q1 from Midas and Fire Creek x 4 = 206.8k
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When you add the remaining 37k and 28k guidance for True North and Hollister, you get 272k for the year and that's with flat production from Midas and Fire Creek.  The production chart shows quarter over quarter growth, so that's where we get to 300k GEO assuming the growth they just forecast in the latest production chart actually occurs.  Again, what am I missing?
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