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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 10, 2017 2:30pm

Price

Needs to drop to 2.00 or less. No potential earning,too much hope on production, Canada operations shutting down for winter, cash burn rate too high, additional 19 m in admin charges, weak guidance from management....pipers right, dead money. Run if you can before it gets to zero.
Comment by CaptainConn on Nov 10, 2017 3:19pm
Won't go to zero but will be a penny stock. No reason to buy. Seasonal weakness for miners, tax loss selling, high volume today indicates big money getting out etc etc. If you own it, don't bother looking at it for a few years and it may be worth something.
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