Jay Taylor, in the Aug. 12, 2015, edition of Gold, Energy & Tech Stocks, refreshes his buy of Klondex Mines Ltd., recently $3.05. Mr. Taylor said buy six times between Dec. 16, 2010, and May 15, 2015, at prices ranging from $1.19 to $3.10. Assuming a $1,000 investment for each of the six buys, the $6,000 position is now worth $9,631. Klondex earned $10.06-million or eight cents a share in the first quarter of 2015. Mr. Taylor says Klondex is truly one of his favourites because of the high grades at both of its mines in Nevada (Midas and Fire Creek), and the considerable exploration potential at its projects. On July 22, the company released news that it sold 34,188 ounces of gold equivalent in the second quarter of 2015. It also boosted its full-year guidance to 125,000 to 130,000 ounces of gold equivalent, up from the previous estimate of 120,000 to 125,000 ounces. Klondex remains a buy.
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