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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 BlazzingKon Jan 15, 2020 11:24am
210 Views
Post# 30555623

RE:RE:Kiena Mine re-opening...

RE:RE:Kiena Mine re-opening...not if POG keeps going and going, which will happen due to Repo's increasing and economic activity shrinking. 

The more profit, the faster it'll be possible to open it. Things could change very quickly, say another big hit on US bases in middle east? 

This move is clearly exagerated by shorters, but oh well, they need to have their day as well sometimes. 

Look @sandstorm, ssl.to , they have the same pattern. Earnings came out, dropped 10% , and now it's climbing back and will keep going. 

As I said, great opportunity here.
Bullboard Posts