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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 Woodporteron May 08, 2024 10:31pm
203 Views
Post# 36030290

Good Quarter End Report, No Surprises, Still On Plan

Good Quarter End Report, No Surprises, Still On PlanNo surprises or reveals, negative or positive. Just a good reiteration of what they had said previously. Overall, a good report and we are now just getting into the good stuff. They will take the next 3 quarters to hit their stride and once they do this will be a cash making machine.

There seemed to be a hesitance in the market lately, a weakness relative to other miners that I attribute to a nervousness around this report. Once it is behind us, we should be set to rock and roll.
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