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

"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

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Post by diceroll777 on Nov 01, 2017 5:25pm

Value

Morons are yelling! Value is simply price of gold, minus production costs times production units. It is not rocket science. If they hit projected production this year and next, patient investors will make money. This stock had 60 thousand shares trade at the bell. Penny traders! Stock dived on 10/31 options. I bought in every dip. Yes, I’m losing right now, but it is a marathon not a sprint. This stock was worthless in 2012. Idiots shouting Armageddon are risking little. 11/9, production will be confirmed.
Comment by JintsuGehan on Nov 01, 2017 5:49pm
At this level, there is tremendous value at this current price yet it's now 13 trading days in a row down, which is scary. The only issue I see is that a lot of production is placed on True North in Q4 if Management wants to come in at their full year guidance of 213 - 230 K oz. of GOEs. The market is doubting they can achieve this based on pretty poor TN results in Q3 + the issue at ...more  
Comment by goldminer01 on Nov 01, 2017 6:32pm
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Comment by JintsuGehan on Nov 01, 2017 11:38pm
I'll take low 220s any day if they can pull it off.  The central issue is they need to show Hollister in 2018 can get back to producing 60 K GOEs plus like it did easily during 2007-13 with GBG. TN also needs to ramp up higher for sure in 2018. Then guidance can go up to 280 Kish corporate-wide. It will be great cash flow next year in 2018 if they can hit this kind of guidance + if ...more  
Comment by passionatepiper on Nov 02, 2017 5:22am
This post has been removed in accordance with Community Policy
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