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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

Comment by lickit1234on Feb 07, 2023 6:16am
146 Views
Post# 35271099

RE:RE:Exceptional Opportunity...Time to Buy...For Sure..

RE:RE:Exceptional Opportunity...Time to Buy...For Sure..Hi Fred-
Serious question, do you have any reason to not believe that getting to the lower zone where the higher grades are isn't likely to produce the ramp? To me, Duncan's credibility was shot because he decided to spend a year omitting the difficulties they were having making progress without the needed equipment. the previous 5 years of things going as they predicted coupled with a reasonable explanation of last year's debacle makes me optimistic. but i could be wrong if there's some reason they can't get lower or there isn't what they expect when they get lower. I just haven't seen anthing to believe either of those things are likely. 
cheers
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