Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 PulpCutteron Dec 01, 2018 7:24pm
134 Views
Post# 29050123

RE:Mine Site Tour PPT vs Nov PPt

RE:Mine Site Tour PPT vs Nov PPtWDO's price/value is making me crazy, as the initial snapshot on Kiena resources comes into focus.  Already quite strong, expectations on that initial Keina snapshot has markedlly-improved over the last 4 months, due to both strong-wide intersections in Deep A, and the increasing likelihood that Deep A extends up and converges with last year's Top 10 in Mining 262 g/t over 7.5 meters VC Zone hit, 600 meters higher.  That convergence is not proven.  Finding gold is hard, and mining investors of much experience know 'blue sky' frequently does not pan out.  But it is hard to find the weak spot in the WDO story.

Absent unexpected delays, we are within 30 days of the first compliant Kiena resource update.

I wonder if the current price is partially a result of GDXJ sell-off (hat is, Van Eck dumping all shares including WDO, as a result of people selling GDXJ index fund shares, because the juniors on average are getting killed). The charts do coincide in time.

I have a lot of shares at present; a bit over 5% of liquid assets.  Trying to talk myself out of more.  Eager to hear any negative considerations.


Bullboard Posts