Bullboard - Stock Discussion Forum KLONDEX MINES LTD. T.KDX

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"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. > I keep writing that who would want KLDX

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Post by goldstd69 on Sep 13, 2017 7:27pm

I keep writing that who would want KLDX

for what reason? where are the reserves?? Midas is a rich mine but how many ounces does that translate into? jmho

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Comment by JintsuGehan on Sep 13, 2017 9:32pm

Yes on paper, reserves are shi*ty, but Klondex has the best of the best in Nevada for narrow vein mining. Have you read up on the history of Klondex starting with Fire Creek in 1974 and project was shelved until 2004 and then the red herring was always FC's Resource Estimate. Then came Huet in 2011-2012. Huet, Doolin and Morris have turned FC into a cash flow positive asset with some of ...more

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