Wesdome Gold Mines Ltd T.WDO

News out this morning

[loonietunes]

Nice Hits!

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/660-tsx/wdo/99551-wesdome-expands-recentl

[TimeBuilder]

GOOD NEWS  ..Well done WDO going forward & deeper   ;>) Wesdome Expands Recently Discovered High Grade Footwall Zone Over 300 Metres Down Plunge, Drilling 41.2 g/t Gold Over 51.1 Metres Core Length GlobeNewswire - Wed May 19, 6:00AM CDT

[snowshoedb]

Incredible news. WDO really has a tiger by the tail with Kiena! I'm looking forward to see if they can get a hit elsewhere on the property... If they find another mineralized riedel shear on the property then this will get really interesting as someone like Kirkland Lake, Agnico Eagle or Alamos Gold will take a run at them before they prove up too much high grade ore.

[snowshoedb]

Updated my model today and it appears WDO is worth $19.47 based on what they have found so far. If they keep finding high grade ore and can justify increasing the feed rate of the mill closer to the 1200-1500 tpd instead of the current mine plan of 850 tpd (capacity is 2200) I could see WDO becoming a $40-$50 stock  with 320,000 - 350,000 ounces per year.

[pfm1998]

Trusting all is well... been in Wesdome since low $2s and keep buying dips.... not letting go of any shaeres.  What is the gold price you are using in your model? ... thanks.

[Consvestor]

When I first saw these intercepts this morning I almost fell out of my chair!  Nice to see the positive market reaction.

[TimeBuilder]

WELL SAID it is about Time...15$$ plus maybe in the far future. Consvestor - (5/19/2021 12:27:14 PM) RE:News out this morning=   A GOOD job by all the WDO staff  THANK YOU :>)) We were in very early with this one & the NR caused us to review/reflect on  the details of our original Investment... All our shares are free now with a cost base  of Minus