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Bullboard - Stock Discussion Forum 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... see more

TSX:WDO - Post Discussion

Wesdome Gold Mines Ltd > Perforning worse than other gold stocks....
View:
Post by pfm1998 on Nov 17, 2020 11:42am

Perforning worse than other gold stocks....

... shine has come off it appears.
Comment by smilley69 on Nov 17, 2020 5:07pm
I have an oversize position in WDO.  I.ve been adding since it dropped below $11.  I've still got some dry powder so now I'm holding off till 9.25 - 9.75.  SP is getting hammered over q3 figures.  I'm sure they have better head grade for the q4.  It may take till January or February but we'll see new hghs in 2021.  It's still a very profitable mine ...more  
Comment by schnutzy on Nov 19, 2020 7:26am
i doubt that the s/p is affected by Q3 results. after all they had a good quarter in regards to infrastructure. tailings pond upgrade, new hoist upgrades, new ventilation fan from surface. so imo this all about market conditions and volatility and covid . short sellers like myself, who got out at 13.50 to 14 are waitnig for the gravy train in the form of stimulus. we will never see these prices ...more  
Comment by BlazzingK on Nov 19, 2020 10:46am
Exactly, Imo, bottom is in this morning. Been adding all the way to 10$, gold might have dropped 100-200$ but this company hasn't dropped 33% in value (15 to 10$). IMO, gold is close to a resurgence, as you've stated, stimulus is on the horizon, it is inevitable. 
Comment by goldanalyst on Nov 23, 2020 11:21am
Gold is going below the 200-day which is $1974. Might as well wait IMO.
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