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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 Mar 18, 2023 11:03am
105 Views
Post# 35346725

RE:RE:Pretty Much How I View Wesdome

RE:RE:Pretty Much How I View WesdomeI'm sure there could be an offer for a buyout but I have to question why any shareholder would vote for it? I certainly wouldn't. Wesdome is on the cusp of increasing their production significantly, while at the same time lowering their AISC by a wide margin. Makes no sense to me to hand that over to another company for a perhaps a small premium and then let them reap the rewards.
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