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Bullboard - Stock Discussion Forum 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... see more

TSX:KDX - Post Discussion

KLONDEX MINES LTD. > Accumulation?
View:
Post by goldingot on Oct 26, 2016 2:02pm

Accumulation?

I could be wrong but sure seems like there's some serious accumulation taking place here......either that or more great news on the way (which is likely to happen in any case). One or more of the majors covet the assets Klondex has brought together? Seems possible imo on an otherwise down day in the pm's.
Comment by JRaffles on Oct 26, 2016 2:56pm
It seems so - the KDX SP is now close to its price when the POG was over $100 higher in Q3.
Comment by goldingot on Oct 27, 2016 2:10pm
I'm curious....with 2 hours left in the trading day it appears more than 1 mln will change hands again today (Can & US), which gives me the impression someone is definitely taking a run at Klondex but I'm curious how they are able to bring it down this much from yesterday's high? Is it professional traders short selling it down to be able to buy back at lower prices? Either way I ...more  
KLONDEX MINES LTD.
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