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

Metals & Mining Industrial Metals & Minerals

"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

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KLONDEX MINES LTD. > Guess the True North was a bad investment for KDX

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Post by goldstd69 on Jan 09, 2018 9:38pm

Guess the True North was a bad investment for KDX

KDX seems to be on shaky ground...hmmm

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Comment by Loonee on Jan 09, 2018 9:43pm

Have to think this has been priced in, not like we're flying high with $1300+ gold pricing.

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Comment by JintsuGehan on Jan 09, 2018 10:41pm

Wow they finally have made a good move by closing down garbage. They should focus on the trifecta with high grades of FC, Midas and Hollister. They will actually save a ton of money by doing this. Sure it hurts guidance now but 2018 will be PROFITABLE & REALISTIC. Were they insane producing at cash costs of near $ 1500 when Nevada combined was $ 694 in Q3? Finally something to ...more

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