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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 GoldBanditon Mar 18, 2023 11:03am
84 Views
Post# 35346725

RE:RE:Pretty Much How I View Wesdome

RE:RE:Pretty Much How I View WesdomeI'm sure there could be an offer for a buyout but I have to question why any shareholder would vote for it? I certainly wouldn't. Wesdome is on the cusp of increasing their production significantly, while at the same time lowering their AISC by a wide margin. Makes no sense to me to hand that over to another company for a perhaps a small premium and then let them reap the rewards.
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