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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. > At some point those shorts will be forced to cover...
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Post by Syntaxx on Aug 28, 2017 9:52pm

At some point those shorts will be forced to cover...

And it should be pretty nice. They hung on and were happy when we failed the 50dma but will likely retest tomorrow. 

14 million shares short, about 12 days to cover on the US market.

WIsh I could find reliable data for the canadian side, but so far Klondex shorters have been pretty stubborn. Semafo and Askano are recent examples of large amount of days to cover and had really nice runs as a result.
Comment by goldingot on Aug 29, 2017 12:20am
I agree with your scenario, also you have the perennial pessimists who go by there "gut feel" and can only see the glass half empty......luv to see them burn!!
KLONDEX MINES LTD.
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