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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 MudCreekeron Feb 02, 2017 10:06am
147 Views
Post# 25788490

RE:RE:RE:Insider Speculation vs Blackout periods

RE:RE:RE:Insider Speculation vs Blackout periods

When you understand a company better than the market, there are opportunties to profit.  That's why investors study annual reports, balance sheets, economic projections, and anay other source of information they can get their hands on - in the hopes of coming to understand something that the market has missed.

 

So who understands a company better than the guys who run it?  When you see them buying (or selling), it doesn't mean they are acting on insider information.  It means they think the market is undervaluing (or overvaluing) their company.  And frankly, I think their opinion on that matter is more valuable than mine.

Bullboard Posts