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Klondike aims for the motherlode

In late 2013, Klondike Gold Corp (CN:KG) was ripe for a rebrand. It had for years struggled to make any headway with its gold properties in the Yukon, was bleeding money through other assets, and was wearing a well-deserved bad reputation among investors. Once worth more than C$100 million, the company was a penny stock.

Klondike aims for the motherlode Klondike aims for the motherlode Klondike aims for the motherlode Klondike aims for the motherlode Klondike aims for the motherlode

View north downslope from Lone Star mine

The obvious moves would have been a housecleaning, followed by a share consolidation and name change.