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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 Dec 01, 2017 4:14am
167 Views
Post# 27069935

RE:True North Story

RE:True North Story
JintsuGehan wrote: . He is sharp and on the money. He called the chaos at Asanko Gold w/ Nkran and the issues...and Asanko is at 79 cents but that's a whole other disaster. Please Huet get True North up and running efficiently or else re-focus your strategy and eliminate this ridiculous cash burn. JIN


These are 2 very different stories. Asanko purchased property with fraudulent resource projections. K2 is one of the major funds shorting Asanko and K2 was one of the major initial backers of KDX. K2 also has former employees that moved on to work at KDX. 

KDX has their own issues but it is not a fraud and it has real assets, they are simply doing a poor job of maging cash flow, media releases, and they are under delivering. Hopefully these are things of the past.
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