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

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KLONDEX MINES LTD. > A little perspective

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Post by Cashcosts on Aug 06, 2017 12:35pm

A little perspective

When the inital Mineral Reserve and subsequent PEA for Fire Creek was detailed it had a life of mine of 5 years and 241k ounces. They been mining it for a a few years now and the Reserves are 50k ounces higher. There is going to be a lot more gold in the ground at their operations.

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Comment by JintsuGehan on Aug 06, 2017 1:05pm

Yes they must have not gone blindly to spend $ 80 M. This is the SAME team from GBG so they knew the mine and potential. ALL Gold stocks except a few that were up on earnings Friday, got hammered. Richmont down 8 % on Friday too. Classic jobs report rig same thing happened July 7th deja vue. My question is can someone explain the results of the table from SEDAR under 1.0 - Summary from the ...more

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