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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 tjw4on Apr 28, 2017 1:01am
142 Views
Post# 26177737

RE:Q1 Earnings

RE:Q1 EarningsEarnings should be good compared to 1 year ago but its about the expectations. It looks like we formed a bottom, but insiders aren't buying yet, and I know most of the big funds are still in a wait and see approach with this thing. So if they get back in it will rise rapidly. 

I luckily got out around 530 US, and jus entered again around 350. I believe in this company long term, and its tough to see it dropping a lot more at this gold price. I could see a nice 50% rise in the next 2 months, I could also see it dropping another 75cents on either poor news or a drop in gold to 1200. I think this is a nice entry point though that there is a high % chance to make some good gains in the next couple years. I have doubled twice on this stock in the past 3 and a half years. Hoping for a 3rd.


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