RE:My concerns with KLDX arePZG is an exploration stock with zero revenue and negative cash flow and therefore it has high reserves, it is not a producer.
TN was a good buy at $32 with more plant value than the purchase price.
The directors may have been over anxious about aquiring Hollister, which is close to the Midas mill. Perhaps they could have agreed a deferred payment schedule, since KDX may have been the only buyer at the price paid.