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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 Nov 11, 2017 12:22pm
84 Views
Post# 26945230

RE:RE:RE:Institutional investors

RE:RE:RE:Institutional investorsGood point for the earlier dumping of shares. They actually had it at $ 4.40 CAD before the release on Oct 19th which made me wonder if someone was "in the know" already selling from Monday to Thursday with the press release on the Thursday evening. As for Eldorado, no comparison at all, since Klondex has an untapped $ 23 M revolver and not much debt. ELD has hundreds of millions coming due shortly with now the Skouries project shelved and much smaller 2017 production vs 2016 hitting cash flow. Nowhere near a comparison. JIN
CaptainConn wrote: You are forgetting the giant number of shares dumped after production results came out which took this down from $4.80 to $4. Like i said: big money is out and going to be waiting on the sidelines...this is a "show me" story now. No point of riding it down to $2...wait for positive news and once there is confirmation, can buy it. Yeah you may miss the first 50 cents or so off the bottom but it is much safer. Look at eldorado. This could be headed that way if hollister is junk.


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