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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 moreorleson Jan 02, 2020 7:19pm
202 Views
Post# 30513235

Still too early...

Still too early... With their drill results , 4 yr tailings infrastructure in place, and another whole mine with equally great results to add to what they have, ALL BEING DEVELOPED OUT OF EXISTING CASH FLOW I see a potential double. DYODD. This leadership is proving their worth. I also hold PGM, and anticipate a double there, bringing a mine into production has all kinds of risks when it comes to achieving the projected returns. WDO has the system up and running. I'll keep a bird in the hand anyday!!
Bullboard Posts