This article is about Klondex Mines (OTCQX:KLNDF). Klondex Mines is a development stage gold mining company with a market capitalization of $89 million, or $130 million fully diluted.
The company has four properties in Nevada, although its value rests in its Fire Creek property, which has a high grade gold resource that will likely be in production in a couple of years. Given that the property has high grade ore it will likely be a low cost producer and create a lot of cash flow for the company. Furthermore, given its size of around 2 million ounces the company will almost certainly be able to get the funding in order to bring the property into production.
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