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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 snowshoedbon Jan 12, 2023 4:28pm
129 Views
Post# 35219587

RE:RE:RE:RE:RE:RE:RE:Next Communication = Q4 Production... then expect Crickets

RE:RE:RE:RE:RE:RE:RE:Next Communication = Q4 Production... then expect Crickets

There is no way that there are discussions going on for the sale of the company. They are just starting up operations and people will want to see if the mine is as good as expected. Until they can demonstrate strong operations, and that the property has other opportunities for mineralized Deposits of significant size… Nobody will make an offer. 

once they have the risked the mind, and have some proven exploration of success in other areas of the property… I would expect somebody to come knocking. If that happens in the next couple of years, I would expect it to be agnico eagle.

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