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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 Sep 16, 2016 2:36pm
155 Views
Post# 25245972

RE:Why the SP drop? What is going on? Please explain...

RE:Why the SP drop? What is going on? Please explain...No worries, the whole PM sector is down right now and the euphoria of those crazy good drill results are wearing off. Nothing goes straight up anyway so this is probably not such a bad thing. I said it before and I'll say it again, don't get caught without WDO shares when the next bonanza grade results are released. You will surely regret having taken your profits..... Just ask Resolute..... they easily left 5 - 10 million on the table by being a little too hasty with their selling.... I've held WDO since the summer of 2013 and there have been many good runs followed by some healthy retreats. Over the course of time it's up 5 times and I expect by holding it's going to do that again.....What's the saying? "Be right and sit tight"
Bullboard Posts