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Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

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.


TSX:WDO - Post by User

Bullboard Posts
Comment by Tipster1976on Mar 30, 2006 7:45pm
256 Views
Post# 10598118

RE: SPROTT does 500,000 share

RE: SPROTT does 500,000 shareWell, i have held a large position in this company long before John mentioned this as being a 30 dollar stock. This company is very undervalued and i will continue to take advantage of the low share price. relativley speaking the potential is there for this to become a 10-12 dollar stock within a years time once we get some positive results and i am hoping this summer we will start to see some real announcements on the long term stragedy/grades and once we start getting some results out we should see some spikes and investor intrest. RIght now this company is building for the future most likely 2008 will be the best year for this company. In any case to answer the question around why this is not hitting the fan is because there are other gold companies that are getting permits (kry) or making large announcements (goldcorp) which is stealing away alot of the volume from the smaller caps.... in due time. I have researched this company inside out and have got in at 1.30 and regained an even largeer position a few weeks back at just under 2.00. This however will be a long term stock ...so use your rrps to buy this one but you surely wont be disappointed. Feel free to email me to my inbox if you intrested in further insight to this company. regards Tipster.
Bullboard Posts