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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

Post by bossuon Nov 09, 2022 8:36pm
326 Views
Post# 35087107

The situation is deterioting

The situation is deterioting
  • Very disappointed result and WDO is out of my ''watch list''
  • Too bad and might be the time to change the ''driver''
  • How can you survive with an AISC of $ US 1698/oz

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  • Cash costs of $1,628/oz or $1,247 (U.S.)/oz, a 52-per-cent increase over the same period in 2021 (Q3 2021: $1,072/oz or $851 (U.S.)/oz);
  • AISC (all-in sustaining costs) increased by 48 per cent to $2,217/oz or $1,698 (U.S.)/oz over the same period in 2021 (Q3 2021: $1,495 or $1,186 (U.S.) per ounce).
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