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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. > How cheap does it look NOW ? ?
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Post by Looking4Doubles on Jan 26, 2018 10:48am

How cheap does it look NOW ? ?

It was $1.70 when Midas was starting up with no production  ! !

Glad I doubled down on the last pull back ! !     Just added another 600 shares and will start "tripling down" when I think today's bottom is in. (probably between now and 1 pm )   The shorts have to be squirming a bit now ! !   ha ha

First Hollister putting up good drill numbers, then Waterton taking a big stake and now some great numbers out of Fire Creek ! ! 

I think the writing is on the wall - I think the Feb 7th presentation is going to move the share price move upward !  Looks like Huet is driving the PR again, got the TN info. out of the way, knew when the Waterton reporting would go public, & is now orchestrating a build up to Feb 7th.  (at least that's my take)
Comment by JRafflesUK on Jan 26, 2018 12:26pm
Hope that you are correct. huet could tarnish the 7th February presentation if he announces that that have, again, sold gold forward.
Comment by Looking4Doubles on Jan 28, 2018 12:06pm
While I hope not, . .even that insures higher profitability.  I try to focus on the asset values that can double or triple in a reasonable period of time (1-3 yrs), not operational shortfalls at the moment. I can wait for more realistic valuations to come back
Comment by JintsuGehan on Jan 28, 2018 12:42pm
The valuation for the 4 assets is in the toilet and does not make sense from a purely valuation perspective.  If Huet forward sold with gold in this great rally mode, then he's a complete moron. The market is plain and simply waiting for Q4 and forward guidance. That's why we still cannot take off from these levels and keep dropping back down to the $ 2.20s. Completely scary with ...more  
Comment by Looking4Doubles on Jan 29, 2018 1:29pm
Patience Jin,   I just added another 500 shares and now have a cost basis on $2.36.   The longer the price stays here, the bigger my position will become.   I can wait for a payday
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