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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

Post by diceroll777on Feb 10, 2018 2:25pm
263 Views
Post# 27539154

Breakup value

Breakup valueUsing 190k production for 2018, gold at 1300, all in costs of 950 and 50m capital expenditures, this stock has 9cents to break up value. If talks are not taking place now, they sure will be with another 10 cent move. Also, I read on another blog that their revolving credit terms/amount has been changed. If  true and they have to pay as they go, they will have no alternative but to sell. Given they forecasted uneven production for 2018, I don’t know how they fund activities. Sure looks like we will lose more and than wait a long time to regain any portion of our loses. This is ugly and I blame Huet and a bogus board for allowing this year to unfold as it has.
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