Wesdome Gold Mines Ltd WDOFF

Pretty Much How I View Wesdome

[GoldBandit]

This article pretty much sums up how I see WDO. With a little patience the returns shoud be very good. The fundamentals are all still there and have been overlooked lately.

2 Gold Miners With Long-Term Potential

[wafertechian]

Good post, however the article failed to mention Wesdomes take out potential...no big deal 

[GoldBandit]

I'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.

[steve957]

depends on the offer and your avrage cost i guess,,, gold is going to go much higher anyways, probally after tommorrow when Powell pauses or only raises interest rates by 0.25 point,,,

[GoldBandit]

I agree that Powell won't go any higher than .25 and could pause. The higher the rates go the more risk of other bank failures. The US dollar is doomed, it's just a matter of when and how it goes down the toilet. As for the offer, if it comes, would have to be at a HUGE premium to current share price for me to even consider it. WDO is less than a year away from increasing production

[steve957]

yeah im curious to see what powell dose and how market reacts, always good to see insiders buying with there own cash,,,im not sure about a buyout but think WDO will move back closer to 9.00-10.00 bucks soon