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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 > Wesdome the acquiror?
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Post by garmin1 on Nov 19, 2024 2:31pm

Wesdome the acquiror?

Another thing that could be putting a chill on WDO is maybe the two remaining Newmont mines for sale, Elenore and Porcupine. This would likely loom in the minds of every worry wart wise guy out there that a potential purchase by WDO could dent their trading portfolio for a week or two.
This being said, yesterday Orla purchased Newmont's Musselwhite asset, Orla actually rallied on the news. Another interesting asset out there for a WDO acquisition is Amex Exploration, market cap now at $145M CAD, 100 kms north of Kiena.
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