Good morning investors, First off this morning, I wanted to highlight some interesting insider moves that landed in the Insiders tab in CEO Chat. The day’s SEDI insider filings flow in there every night, sorted by company, and it’s usually worth a look. It certainly was last night. Former Barrick Gold CEO Jamie Sokalsky was buying… Continue Reading
A quick look at news from Klondex Mines and Fission Uranium with some additional comments on each. Klondex Mines- (KDX:TSX) – Klondex is out with an updated total mineral reserves calculation for the Fire Creek project and Midas Mine in Nevada. Total mineral reserves increased by ~19% in 2015. Highlights: Total mineral reserves of 444,488 gold… Continue Reading
This morning I take a look at news from two high-grade producers Klondex Mines, and Excellon Resources. Klondex Mines – (KDX:TSX) – Klondex Mines continues to deliver fantastic operational results for shareholders. In the third quarter, Klondex produced 33,846 gold-equivalent ounces at its two mines in Nevada. CEO Paul Huet and his team have consistently… Continue Reading
A slow day for mining news as commodity related stocks continue to sell off. Today I take a look at the news from Klondex Mines and Platinum Group Metals. Klondex Mines – (KDX:TSX) – Klondex Mines has released 2nd quarter production results this morning. The Midas Mine and the Fire Creek project in Nevada combined… Continue Reading
Klondex Mines (KDX:TSX) – Klondex a top performer in the gold space is out with drilling results on the Hui WU Vein. The Hui WU Vein is located at the Fire Creek project in Nevada. Highlights of Hui Wu vein include: 13.5 ounces per ton (461.6 grams per tonne) gold equivalent over 11.5 feet (3.5… Continue Reading
A look at some of the top news releases that I found interesting this morning. Red Eagle Mining (RD:TSXV) – Red Eagle is delivering on what they told the market to expect by arranging a $65 million dollar (U.S.) construction financing with Orion Mine Finance. Orion will buy $5 million worth of shares at a price… Continue Reading
The ultimate goal of any gold producer should be to make money for shareholders. After looking at a fair number of recent quarterly results, it appears that very few gold companies are accomplishing this currently. One company that is delivering profits in its first year of production is Klondex Gold (KDX.T). Klondex operates the Midas mine and Fire… Continue Reading
Klondex Mines (KDX.to) is a new high grade gold producer in Nevada. Management has been busy in 2014 acquiring a mill, commencing production, and drilling to update current resource estimates. The goal at Klondex is to be cash flow positive by the end of 2014. Klondex has produced ~40,000 ounces year to date from the Midas Mine and bulk… Continue Reading
