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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 Jan 10, 2018 1:28pm
97 Views
Post# 27325315

RE:RE:RE:RE:Dif blog

RE:RE:RE:RE:Dif blogBetter that they do it now than waiting until half way through 2018. 2018 is basically a fresh start now and I think this is what Management has now planned to start anew. 

Excluding TN, based on high grades of their Nevada portfolio + the revised resource update to come, cash balance which should still rise, very low debt, and geographical jurisdiction safety, they would become the most undervalued North American based junior/midtier. Plus no more cash burn on garbage grade like TN. 

Definitely take-over bait at this $ 370 M USD market cap. Even adding 40 % to this level just to grab by a bigger player in the US could happen. $ 2.14 USD now

JIN



CaptainConn wrote: They will report missed guidance and high costs. Changes wouldn't be made right at the start of Q1 if Q4 2017 hadn't been another bad quarter. Like i said: it is going to be a long road back for this stock. I hope you own it in a retirement account and just forget about it for a few years.


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