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Wesdome Gold Mines Ltd WDOFF


Primary Symbol: T.WDO

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

Post by bossuon Feb 06, 2023 12:48pm
177 Views
Post# 35269549

Reallly not seeing a further down ....

Reallly not seeing a further down ....and at the 2019 level WDO is ''probably at the bottom.
Based on the overall view of the 2021 year end results which were exceptional and the the fall throught the 2022 with poor Q1 Q2 Q3 and surely Q4 results.
Goldbandit has very good explanation for the poor performance through 2022 but seem to be solved for now.
Still producing with a lower grade but at on point they should be in a position to feed the mill with higher grade later on .
Drilling results are very good and accessible next year.

Just to say that I have come back this morning at $ 6,15 with a small position 
because I  always have been  a ''Gold lover'',


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