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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 GoldBanditon Jan 31, 2023 10:26am
205 Views
Post# 35256584

RE:RE:Oversold

RE:RE:OversoldI'm sure there are sharks out there. Why wouldn't someone want a company that is way oversold and are not that far off from hitting the high grade... This is too cheap.

It was a bad year but not the end of the world. They had supply chain issues. The same issues plaguing other industries. I talked to a garage builder last summer and he told he couldn't get trusses and doors... I talked to a gasfitter that couldn't get certain valves. An electrician told me he was putting in 80 amp breakers as a temporary measure because 100 amp were not available... These all resolved over time. Same thing will happen here. They still need to fire the entire IR department for dereliction of duties.
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