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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

Comment by snowshoedbon Dec 15, 2021 7:45pm
191 Views
Post# 34235027

RE:RE:RE:RE:News

RE:RE:RE:RE:NewsThe mail has a nameplate capacity and is permitted to 1200 tons per day. Duncan has previously alluded to filling up the mail and possibly expanding capacity of the mail at Eagle River if mineralization warrants. This is actually turning out to be an incredible story. The company has two mines which look like they are going to be high-grade high quality mines.

I just hope they have enough time to drill up both Eagle River and Kina before someone comes in and takes them out. I already figure that the company is worth over $3 billion. I'm hoping that the stock will go much higher as they continue to explore both properties. It's amazing to think that both properties have been either under explored and geologically misinterpreted in the past.

The management team has done an awesome job! I would be disappointed if we only had $12 tomorrow morning. I think we're going to be on a long march to $20-$25.

And I believe the second Shoe has not dropped yet at Kiena. I'm expecting that they will make an announcement that they found a similar mineralization in another Riddell sheer east of the Kina mine. When that happens the stock is going to go nuts! They bought the whole Wesdome property for $25 million. The infrastructure alone is worth $1 billion. And now to find gold everywhere they drill is absolutely outstanding.

this is starting to remind me of him low when they couldn't drill fast enough. Somebody's going to take a run at them and try and take them out on the cheap. I hope that the institutional investor will help us all get outside returns. I hope they don't entertain an offer until they've had an opportunity to significantly approve up more ounces at high grades. Hoping everybody sits on their shares and refuses to tender when the offer comes. I'd rather build another Kirkland lake instead of selling out to a major
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