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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 wafertechianon Jan 29, 2021 1:25pm
232 Views
Post# 32421430

RE:Q and A with Duncan

RE:Q and A with Duncan

"There is a need for size to gain relevance, and US$5 billion market cap companies seem to be more investible for funds, which provides for better liquidity. However, moving towards that there is still a lot of opportunity for torque, as we have seen in the last three years."

It sounds to me Duncan is more interested in becoming a larger company, rather than focusing on a buyout of sorts. Thoughts?
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