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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
Post by Tipster1976on Jun 26, 2006 10:29pm
184 Views
Post# 11035919

Patience

PatienceThis will soon be well worth the wait. Not to sound like Mr.Embry but I too can't put any more money in this 'gold' mine.... I have over 30,000 shares and if I could afford any more I would have certainly bought more when this dipped below 1.70. Price target on this is ? ...but I can tell you this, in 3 weeks once production gets underway this will get a lot more attention, and will be well over 3.50. Give this 1-2 years of production and even with the price of gold where it is this will be a stable gold play I have a 6 month targer of 5.00 and thereafter it should follow gold prices up. Cheers' credit to you, in april you gave me a tip on aru ...I keep kicking myself for not buying at the time for under 3.00...now its over 18! I know this is not in the same league but this is a safe and well managed company I have been waiting for this one patiently and can't wait for my 'long' pick to come into play... Tipster
Bullboard Posts