KLONDEX MINES LTD. T.KDX

Volume and Price Action Much Different Today...

[Highwave]

Looks like the market in KLDX might be changing today.&nbsp; &nbsp;I think there are a few longs like myself that agree that this price is really low given Huet&#39;s guidance has not changed and we are only a few days left until the quarter is finished.&nbsp;&nbsp;<br /> <br /> There is an awfully large short position that might start paring back there positions given Yellen&#39;s final rate hike.&nbsp; Gold miners start ripping the past few years near the end of December.&nbsp; If this year is anything like the last 2 now is not a good time to be short.&nbsp; I think today&#39;s price action is some shorts already covering in advance of the FOMC meeting.&nbsp; Its a good time to bank profits for them.&nbsp; &nbsp;As the Gold price might rally once the deed is done.<br /> <br /> The volume today is very strong in the first 2 hours of trading and the price action has been nothing but rising.&nbsp; If we kept this kind of volume all day as in the first 2 hours we will break 2 million shares before the heavy manipulation volume shows up in the last 15 minutes of trading day.&nbsp;&nbsp;<br /> <br /> I think the algos are smart enough to recognize a reversal in the stock price and not pound the stock at the close but we shall see.&nbsp; It is true that this stock could be a takeover candidate given the price but I personally would not want them to sell.&nbsp; Great companires who dont manage their earnings generally will post lumpy numbers in an upward trajectory.&nbsp; If True North delivers in Q4 watch out.&nbsp;&nbsp;<br /> <br /> Tailwinds for Q1:<br /> <br /> Been looking at many charts over the weekend on Twitter and I think this one says it best.<br /> <br /> https://twitter.com/NassarInvesting/status/940058512910049280<br /> <br /> USD&#39;s future technically looks bad:<br /> <br /> https://twitter.com/NassarInvesting/status/939660755686879233<br /> <br /> Gold stock Q1 price action the last 4 years<br /> <br /> https://twitter.com/GoldTrendsNet/status/939321243605524481<br /> <br /> High probability of rising Gold price<br /> Reserve growth at Fire Creek and Hollister (Hatter Graben)<br /> Likey will hit their guidance range mined and sold.&nbsp;&nbsp;<br /> Overall GDX and GDXJ has tended to rocket the last 4 years over he first couple of months.&nbsp;&nbsp;<br /> T<br /> <br />