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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

KLONDEX MINES LTD. > Gold price
View:
Post by diceroll777 on Nov 17, 2017 6:05pm

Gold price

At 1294.00, it appears gold may have set a new price level. If kldx mines all 102k tons of ore this quarter and sells their stock piles, they could be set for a huge year end surprise on revenue. I’ve been very hard on my commentary of this stock. However, they are set up to have the wind at their back. Price was unchanged with avg volume. Perhaps it has stabilized. I do see the price improving before year end. I said the stock would go below 2.00, the sell off stopped at 2.16. From the 2.55 price, I believe they will get past 3.00 by Jan. 2018. Beyond this, I am foggier then a drunken sailor.
Comment by prouditalian on Nov 17, 2017 9:19pm
obviously you are talking USD...I cannot see this being the low with tax loss season coming.  In regards to the future, this is a high high reward stock...They can definitely run out of casg if unnexpected events happen ( accidents, fires, strikes, etc... ) and then shareholders are scrtewed. It can go blow 1 in this case. If things go right it can be a multibagger. IMO, its better to wait ...more  
Comment by goldstd69 on Nov 17, 2017 10:56pm
the gold price is reversing and should have a good 2018...and KLDX just announced the other day some good drill numbers near surface...all at the right time for sure...now KLDX appears deeply oversold and not on the brink it was just a few days ago....jmho dyodd
Comment by tjw4 on Nov 18, 2017 2:21am
Tax loss selling is a myth. sure some stocks are affected negatively but some are affected positively and some are neutral. People buy into these stocks are different times of the year so its impossible to predict who has a loss or gain they want to lock in and how the rest of their portfolio is doing.  this stock moves based on revenue projections, price of metals, and momentum or ...more  
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