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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 JintsuGehanon Oct 20, 2017 11:19am
125 Views
Post# 26836707

RE:RE:Dudes...KLDX is S*H*I*T....

RE:RE:Dudes...KLDX is S*H*I*T....
Sorry passionate but you cannot be so critical. The results in TODAY's share price do not stack up vis-a-vis where the company stands objectively at $ 1280 PoG.  

Fire Creek guidance up. This bodes extremely well into 2018. 

Midas looking better.  "" 

We know from the August-September drilling press releases at FC & Midas, they extended the continuity and have deepened resource. 

TN is ramping up and 60 % of the gold mined occurred in September showing ramp up is accelerating. Plus they know bought Bison Gold for pennies really to add ore to the TN mine. Very smart move and will add to net resource in Manitoba. 

Hollister had the issue with the circuit but that is to be fully rectified in 4th quarter yes Hollister had decrease in guidance from 30 K - 35 K to 20 K - 25 K (yes this is negative point), but FC compensates ounce for ounce this decrease at Hollister. 

I believe as I said many times before that the market wants to see data on Hollister, esp. Hatter Graben to justify the acquisition cost. Hollister is the red herring here and will continue to remain as such.

The problem is the stock is trading as it has completely discounted out Hollister at $ 4.00 CAD a share. Monday morning we were at $ 4.85 imagine that! There is STILL gold there in the ground. They wouldn't pay $ 65 M USD or whatever it was last year if there was no gold + Huet is the guy behind Hollister in the 2000s who RAN the mine as GM. 

Regarding, his "love for Indians" that is a GREAT thing as they need sound relations with the Shoeshone tribe...look at all the stories in miners who drop heavy due to "community relations." I.e. Tahoe since early July! I'd rather he be friendly with them than not! 

The SP does not make sense after this press release. This drop is massive + they have over 19,000 oz. stock piled for Q4 as mentioned..

JIN


CaptainConn wrote: When you go full re---- and on a  bashing spree like this, it completely kills any informative discussion we can have. Stop it. If it was an "empty hole" management wouldn't be buying or continuing to hold shares. They have a laid out a plan and they have repeatedly emphasized 2018 - the stock has been trash but i am hesitant to bash it until given a fair opportunity to see how the plan unfolds.


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