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Bullboard - Stock Discussion Forum Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

Metals & Mining Gold
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... see more

TSX:WDO - Post Discussion

Wesdome Gold Mines Ltd > AU = US$ 2400 - markets muted response
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Post by snowshoedb on Apr 12, 2024 12:05pm

AU = US$ 2400 - markets muted response

I'm surprised by the low level response of the marketplace to the change in gold price that we've been witnessing.

does anyone realize that without a step change in production we are looking at a tripling to a quadrupling of cash flow inside Wesdome in Q2? Think about these other producers, they're all going to have the same response in cash flow.

I'd be interested to know what mining companies are getting a major step in production during Q2... The resulting cash flow for those companies is even going to be more staggering. 

The question has these elevated gold price levels sustainable for the medium term
Comment by GoldBandit on Apr 12, 2024 12:43pm
Yup. It is simply mindblowing the change that is about to occur and no one seems to care... The rocket is simmering on the launch pad... good thing I'm already strapped in and will just enjoy the ride!
Wesdome Gold Mines Ltd