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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 Aug 08, 2006 8:22pm
150 Views
Post# 11200552

RE: ouch 1.75 cross

RE: ouch 1.75 crossActually this is far from being a manipulated stock. Although a sell off of shares gold was down today and a million shares trading hands is not a big deal...right now this is fluctuating on gold prices..the weak part of this is when there is upside on gold this doesnt take off.... it will once production starts revealing the gold grade which i hear will be higher than expected... this company is strongly managed and the longs on this one will be rewarded... they dont give mushy PR releases..nor do they pump it up with samples taken from god knows where as some gold start ups do.... this is a reputable company with solid production numbers that they are delivering on. With the cost of prodcucing gold this will hover around 2 bucks until gold goes over 700 or when they release grade results.... like i said before...october should be a turn for this ...i have my life savings on this one,....cashed in on Rogers and will be throwing that in tommorow if there are shares below 1.75
Bullboard Posts