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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 HoneyBadger77on Mar 13, 2024 11:38am
97 Views
Post# 35930619

RE:why the bid miss?

RE:why the bid miss?Sure that's easy.  When the street (Instituional Investors) see a good thing and they want to buy more cheap shares they estimate earnings much higher so that the retail investors will sell off their cheap shares to them.  This is all part of the game they play.

Solution is to learn how to do your own research and calculations and you'll know when a stock is cheap and when it's overpriced.

HB77
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