KLONDEX MINES LTD. T.KDX

Metals & Mining Industrial Metals & Minerals

"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."

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KLONDEX MINES LTD. > Overview release

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Comment by JintsuGehanon Nov 10, 2017 11:11am

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Post# 26939685

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Overview release

They should reconcile this quarter as the waste development is done.

He really asked good questions. Asked if TN should go on care & maintenance...Huet said approx. but wasn't sure of his # that would be $ 500,000 USD per month if to go on care & maintenance.

Jeff K. also noted how cash balance cut in half...a lot spent at True North but at what cost if such small production - he raised a good point.

Why not just focus on Nevada then if will limit cash burn..if you notice the stock dipped while he asked his 3-4 questions in a row which were all valid. They burned through cash.

Check out slide of their AISC and ALL IN COSTS...not good. They need to get this in line quickly.

JIN