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KLONDEX MINES LTD. T.KDX

Metals & Mining Industrial Metals & Minerals
"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

KLONDEX MINES LTD. > Hecla Mining announced an agreement to take over Klondex
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Comment by JRafflesUKon May 10, 2018 11:05am
250 Views
Post# 28011452

RE:RE:RE:RE:RE:RE:Hecla Mining announced an agreement to take over Klondex

RE:RE:RE:RE:RE:RE:Hecla Mining announced an agreement to take over Klondex HL still buying cheap

Agreed, but .......
  • KDX is @ 35% below 52wk high of C$5.02
  • HC is @ 33.3% below 52wk high of C$6.16

Therefore, cheap HC is buying cheap KDX.

KDx shareholder may thereofre have a better prospect of capital recovery with HC when silver rises /strike resolved, rather than being bought by an overvalued miner.

Moreover, two damaged companies may make one stronger whole company?
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