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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 JamesBlenderon Aug 31, 2016 8:14pm
181 Views
Post# 25197549

RE:RE:RE:RE:RE:RE:RE:Friday Price Prediction

RE:RE:RE:RE:RE:RE:RE:Friday Price PredictionMudCreeker is correct... Even though the drill results are below the current workings it is standard procedure to mine it. There are many mines that have shafts and drifts WAAAAAAY lower than these results. In addition, the intercepts of those two big cores are quite far apart. If they pop a few holes in between those and they have the same grades.......LOOK OUT!!!!  This stock is going places.....

As for the hostile takeover bid chatter I'm not buying any of it. In order to do a hostile takeover you need enough shares to do it. I think the shares are too spread out among shareholders to do it. It's possible someone makes an offer but then the shareholders would have to vote yes or no to it. Not a chance that I'm going to vote yes to an offer when the possibility of an ARU type of stock run is very possible right here and now......
Bullboard Posts