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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 Feb 06, 2023 12:48pm
195 Views
Post# 35269549

Reallly not seeing a further down ....

Reallly not seeing a further down ....and at the 2019 level WDO is ''probably at the bottom.
Based on the overall view of the 2021 year end results which were exceptional and the the fall throught the 2022 with poor Q1 Q2 Q3 and surely Q4 results.
Goldbandit has very good explanation for the poor performance through 2022 but seem to be solved for now.
Still producing with a lower grade but at on point they should be in a position to feed the mill with higher grade later on .
Drilling results are very good and accessible next year.

Just to say that I have come back this morning at $ 6,15 with a small position 
because I  always have been  a ''Gold lover'',


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