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Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

Wesdome Gold Mines Ltd. is a Canada-based gold producer with two high grade underground assets, the Eagle River mine in Ontario and Kiena mine in Quebec. The Company has an exploration program both underground and on the surface within the mine area and more regionally at both the Eagle River and Kiena Complex. The Eagle River Underground Mine is located approximately 50 kilometers west of Wawa, Ontario. The Eagle River Underground Mine in Wawa, Ontario is producing gold at a rate of 92,000-105,000 ounces per year. The Kiena Mine is located in the prospective Val d’Or, Quebec gold camp. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tons-per-day mill. The Company also retains exposure to the Moss Lake gold deposit, located approximately 100 kilometers west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc.


TSX:WDO - Post by User

Bullboard Posts
Comment by Singidunumon Apr 19, 2007 9:39pm
321 Views
Post# 12643265

RE: Good or bad

RE: Good or badI agree with both of you. I think that is why CEO is leaving. I watched him on ROBTV or BBN couple of months ago, and he could barely speak. It is sad that WDO as a producing miner in Canada i valued less than comapnies who may or may not have discovered gold in Zimbabwe. I mean, comon , some non producing comapny's shares are $15. I think WDO is a good producing company with a lot of resource potential, but without marketing and investor relationship. That is why, in my view. it is very important who the next CEO is going to be. Hi name shoule, at least get us to $2 range. I think that is fair valuation of WDO.
Bullboard Posts