VantageWire would like to introduce a new client Klondex Mines with the following quote from Jay Taylors Watchlist Newsletter:

"Klondex Mines, TSX: KDX

This is a new pick for us, and we will do a full write-up on this company in our next newsletter. We feel this stock is undervalued. William Solloway, Klondexs President, commented, "We believe investors have yet to realize the significant accomplishment and value being created through our permitting process. Permitting is amongst the most difficult hurdles faced by mining companies. Once completed, it will enable KDX to graduate from a focus solely on exploration to a dual focus on exploration and production/cash generation, via bulk sampling.

Our progress in permitting clearly demonstrates to investors that we are delivering on our commitments and entering an exciting new stage in our corporate development. With our recent management appointments, we are very well positioned to execute on our underground program during 2010 and to secure greater investor awareness and appreciation for the value and potential of our high-grade gold resource at Fire Creek." KDX shares are trading at $1.29 Cdn."

Jay Taylor is one of the most respected, independent analysts in the North American mining and energy sectors. His Watchlist, identifies publicly-traded, resource and technology companies believed to represent the potential for significant share appreciation.

For more information on Klondex please visit their profile on VantageWire.com here

Click Here for a Free Real-time Stock Quote on TSX: KDX

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