it doesn't sound like klondex is ready and willing to throw itself into the arms of its first suitor. where's patrick anderson when you need him?

William Solloway, President of Klondex, stated: "We are pleased that the industry has begun to recognize the substantial value that we have built at Fire Creek but are surprised by the haste of Silvercorp in making this unilateral bid for our prized assets. We have come too far in developing our high-grade resource at Fire Creek to make any hasty decisions regarding the best path forward. Securing the required capital to pursue our underground program is our primary focus, and we have been looking to achieve this goal on the best possible terms and with the least possible dilution to our shareholders."

Klondex recommends that its shareholders defer making any decision until the Board has had an opportunity to fully review the offer and to make a formal recommendation on its merits. Shareholders will be notified by the Board through a news release and circular in accordance with applicable securities laws.

http://www.klondexmines.com/s/News.a...