Post by
p.yu on Mar 15, 2018 9:57pm
Conference Call
That was perhaps the worst KDX conference call I can recall, maybe that is a good thing based on past calls in which the company promised the moon but failed to deliver. I was disappointed by the fact that they failed to adequately address what happened in 2017 and how they are addressing the situation in 2018. All I heard was 2017 was a tough year but trust us, we are going to make sure it does not happen again in 2018. Are you kidding me? No management/board shake-up other than sending the IR guy packing. They sad they had 15,000 oz from Hollister that they chose to hold onto rather than sell but then they turn around and sell it in Q1? No explanation, no terms.
I am not surprised the stock gave up the previous days gains, the TSX rebalance happens tomorrow and the lower the price the better for the Shorts and Waterton to take advantage of once they sell.
This is dead money until they get their act together or shake things up.
Comment by
Highwave on Mar 17, 2018 6:21pm
i think they didnt sell ore until Q1 because tbey knew they were gonna disappoint in Q4. So why not goose 2018 Q1 with that Hollister stockpile. It also probably gives them some cushion to make their 2018 guidance at Hollister as well.
Comment by
goldminer01 on Mar 17, 2018 7:35pm
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