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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

Comment by smilley69on Nov 17, 2020 5:07pm
201 Views
Post# 31918945

RE:Perforning worse than other gold stocks....

RE:Perforning worse than other gold stocks....I have an oversize position in WDO.  I.ve been adding since it dropped below $11.  I've still got some dry powder so now I'm holding off till 9.25 - 9.75.  SP is getting hammered over q3 figures.  I'm sure they have better head grade for the q4.  It may take till January or February but we'll see new hghs in 2021.  It's still a very profitable mine with a nice warchest and good exploration prospects.  When the trend reverses, it'll be a nice sight to see....
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