RE:RE:RE:One last comment for now Thanks for your insight, and I do hope you continue to post.
Seems to me we are in a situation where only fire creek makes money and all those profits are sucked up by the remaining mines. 4q is unlikely to change that. q1 of this year may bring som relief but we are a long way away from reporting.
q4 probably saw average gold prices at 1275 ish, q1 wil be well north of 1300. Not sure if that will be enough to begin to put the other mines in the black or not - I have not done the math, but it doesn't look to be enough.
Klondex really does need to get the costs down and show focus about putting black in the ledger. Hell, the market doesnt expect much from these jokers, and even modest profits would start to make the multiples look good at these share prices.
Looking back over previous financials, it does look like Huet doesn't really care about that though. He seems quite happy to run the company at a break even level and any errors breaking into the red column.