KLONDEX MINES LTD. T.KDX

KLDX shorts

[JRafflesUK]

https://shortsqueeze.com/shortinterest/stock/KLDX.htm

The short have remained almost unchanged from the start of September 2017 to date.

Is there any indication as to at what SP these shorts will ned to cover?

[tjw4]

SSRM has no ability to purchase this company.  Shorts will start leaving when theres actual positive financial news which changes shorts opinion. Shorts do not change positions when the share price rises.

[goldminer01]

This post has been removed in accordance with Community Policy

[tjw4]

Yes but Klondex has the backing of some large funds on bay and bloor, they are hardly going to let a shady stock take over happen unless that 20% cash goes directly to the fund shares in a private offer while everyone else gets shares.

[JintsuGehan]

Silver Standard is garbage.  I would never tender my shares to them. Not to mention their market cap is around $ 1.1 B USD. So they are not a whole lot bigger than KDX. KDX has way more upside with Q3 and Q4 coming up (+ ramp-ups) by remaining a stand-alone operation. SSI is a very average mining company and nothing special brewing there. It would be more a MERGER not exactly a takeover if

[goldminer01]

This post has been removed in accordance with Community Policy

[tjw4]

I agree with one thing..i would sell on a pop if there is news...no need to wait and see what happens....well actually first i would ask my friends on bay street if it has more upside then id sell... as for management, yes they may not have many shares but K2 still owns a lot, as do other funds in the big smoke, i dont see them voting for anything that is a share fueled takeover they want