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Bullboard - Stock Discussion Forum
Wesdome Gold Mines Ltd
T.WDO
Alternate Symbol(s):
WDOFF
Metals & Mining
Gold
Wesdome Gold Mines Ltd. is a Canadian-focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the 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 50 kilometers west of Wawa...
, Ontario. The Eagle River underground mine near Wawa, Ontario is producing gold at a rate of 80,000 to 90,000 ounces per year. The Kiena Mine is located in the highly prospective Val d’Or, Quebec gold camp. The Kiena Mine is a fully permitted, integrated mining and milling infrastructure which includes a 930-meter production shaft and 2,000 tons-per-day capacity mill. The Kiena Mine Complex consists of the Kiena Mine concession, Kiena Mill, related infrastructure and equipment and land position in the Township of Dubuisson, Quebec.
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Bullboard (TSX:WDO)
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(605)
•••
TimeBuilder1
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Post by
TimeBuilder1
on Mar 21, 2024 3:55pm
$ 10.28
*
(4)
•••
buff44
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Post by
buff44
on Mar 14, 2024 10:20am
The Big Miss
Now I know what I missed, the 0 in between the decimal and the .44. lol I'll blame it on recent cataract surgery.
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(3)
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GoldBandit
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Comment by
GoldBandit
on Mar 13, 2024 6:57pm
RE:RE:RE:RE:RE:why the bid miss?
There was no disappointment at all. There were sharks shorting the stock to trip the stops and pick up the shares cheap. There are not that many PM stocks that can be punted around right now because
...more
(9)
•••
Woodporter
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Comment by
Woodporter
on Mar 13, 2024 6:43pm
RE:RE:RE:RE:RE:why the bid miss?
The stock was ripe for a pullback because of the large recent gains relative to most of the other miners. Today's action also looks like the initial softness set off a bit of a panic. The
...more
(4)
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buff44
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Comment by
buff44
on Mar 13, 2024 5:20pm
RE:RE:RE:RE:why the bid miss?
Ok, thanks for that. I just found another source, The Globe and Mail, and the anylists there were on average close to what they made. So, now I'm wondering why the disappointment by
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(492)
•••
HoneyBadger77
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Comment by
HoneyBadger77
on Mar 13, 2024 3:51pm
RE:RE:RE:why the bid miss?
Not sure what you mean by such a big miss / difference in analyst estimates from actual earnings? According to RBC Direct Investing, 2023 Q4 consensus was for a .01 cent net loss and they came in at
...more
(492)
•••
HoneyBadger77
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Comment by
HoneyBadger77
on Mar 13, 2024 3:29pm
RE:RE:RE:why the bid miss?
According to Amber on BNN (Bloomberg Business News Network), she indicated on the show that the main reason for the miss in Q4 earnings were: Net income and adjusted net income for the fourth
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(4)
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buff44
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Comment by
buff44
on Mar 13, 2024 2:47pm
RE:RE:why the bid miss?
What you say HB77 may be very true but that didn't answer my question. So if any body else out there knows the reason for such a big miss I'd love to know. BTW, I've been a share
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(3)
•••
GoldBandit
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Comment by
GoldBandit
on Mar 13, 2024 11:50am
RE:RE:Outlook
You are 100% correct. The sharks took the minnows to the dinner table this morning. Good buy today...
(492)
•••
HoneyBadger77
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Comment by
HoneyBadger77
on Mar 13, 2024 11:38am
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
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(492)
•••
HoneyBadger77
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Comment by
HoneyBadger77
on Mar 13, 2024 11:30am
RE:Outlook
2024 Guidance 160 to 180K ounces production at $1325 US AISC with gold at nearly $2200 US and projected to go higher in the last half of 2024. Even at $2200 gold that's a margin of nearly
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(4)
•••
buff44
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Post by
buff44
on Mar 13, 2024 11:25am
why the bid miss?
Can someone tell us how the street thougtht earning to be .44 cents and they came in at .02?
(3)
•••
GoldBandit
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Post by
GoldBandit
on Mar 13, 2024 10:20am
Outlook
I'd say the sharks are eating the shares of those that are throwing them away as chum. It's no secret WDO got behind schedule but all the reasons why WDO hit 16 bucks a share are still in play
...more
(9)
•••
Woodporter
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Comment by
Woodporter
on Mar 13, 2024 12:54am
RE:RE:RE:MD&A Quote
I was looking forward to seeing that quote. Can you tell us what it was about?
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