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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 Sep 13, 2017 3:02am
124 Views
Post# 26688532

RE:RE:RE:Takeover offer coming....IMHO...

RE:RE:RE:Takeover offer coming....IMHO...KDX has done very well for me and management owns a lot of shares, there are also a large number of funds that own just under the 10%. This will not be sold for 5 dollars canadian. It would take a good 7-8+ at a minimum to change hands.

I personally bought at 1.81CAD and sold various amounts between 3.10-3.7. 

I then bought again around 4USD and sold around 6.

I currently own both CAD 4.10ish and USD 3.20ish.

Although it sucks the company has fallen out of favor and the spotlight is off of it I do believe over the long run I will once again have a chance to make a good profit. I'd love for a buyout to come but I just don't see it happening I know managements long term view is to become a major player on their own.
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