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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. > TWO MORE QUESTIONS TO ANSWER
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Post by JintsuGehan on Mar 20, 2018 10:57am

TWO MORE QUESTIONS TO ANSWER

Two more issues: I. If due diligence was in the works since December per HL's press release, why not run the 15000 mined oz. through Midas Mill to at least make over 200 K GOEs for the year to come close to guidance? Why hold off?? If you're selling to a 3rd party, who cares if recovery is only 75 % if you're going to be acquired? At least you'd hit 200 K GOEs for the year. II. Why release the garbage resource statement February 6th? Honestly, there are more questions than answers and looking back, the timing of these press releases heavily discounted the SP unfairly, so really this massive 55 % premium is artificial since it was off the completely suppressed corporate value of KLDX. This to say the least is suspicious. JIN
Comment by goldminer01 on Mar 20, 2018 12:08pm
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