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Wesdome Gold Mines Ltd. (WDOFF)

Other OTC - Other OTC Delayed Price. Currency in USD
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9.62+0.41 (+4.41%)
At close: 03:52PM EDT
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  • C
    Colin
    The financials on this company almost seem to good to be true…surprised the share price has not quadrupled.
  • B
    Brandon
    Hole 6796W6: 92.1 g/t Au over 50.7 m core length (23.3 g/t thats amazing. mine life is being added
  • C
    Colin
    Couple days old but here is some info,

    VANCOUVER, BC , Jan. 26, 2021 /CNW/ - Goldshore Resources Inc. ("Goldshore") and Sierra Madre Developments Inc. ("Sierra Madre") (TSXV: SMG.H) are pleased to announce that the two companies have entered into an amalgamation agreement (the "Amalgamation Agreement"), effective January 25, 2021, pursuant to which Sierra Madre will acquire all of the issued and outstanding shares of Goldshore (the "Business Combination"). Completion of the Business Combination will result in the reverse takeover of Sierra Madre by Goldshore pursuant to the policies of the TSX Venture Exchange (the "TSX-V") (with the resulting entity being the "Resulting Issuer").
    Goldshore has entered into an asset purchase agreement (the "Asset Purchase Agreement") dated January 25, 2021 with Wesdome Gold Mines Ltd. ("Wesdome") and Moss Lake Gold Mines Ltd. ("Moss Lake Gold"), a subsidiary of Wesdome, pursuant to which Goldshore will acquire (the "Property Acquisition") a 100% interest in the Moss Lake gold project ("Moss Lake" or the "Project"), located in Ontario, Canada.
  • B
    Brodie
    Averaged down and bought some shares at $10.50 today. I might be one of the only millennial's buying a gold miner instead of Bitcoin. Hoping it pays off!
  • C
    Colin
    Some nice green volume….good gold price now and into the future…earnings coming up….record high stock price next?
  • J
    James
    Nice to see WDO green today. Hope it continues. I was just reading an article at SmallCap Canada about the effect Coronavirus is having on the metals industry and thought I'd link to it.
    https://smallcapcanada.com/articles/articles/as-china-is-restarting-coronavirus-caused-supply-disruptions-might-support-metals-prices-in-the-short-term
  • 7
    786
    The most money I've lost is thru this stock. Should I even bother anymore ?
  • s
    simon
    Congratz to all longs who held this gem at $8. Now let's go to $15 with new inflation rates and gold prices.
  • U
    Uptown2021
    Will go up massively tomorrow back to $4.00 over the next few days before pushing higher it seems like that it's pretty big news they just released.
  • A
    AndyV
    Looks like a profit taking by some large holders, buy the rumour sell the news (record volume reported). This company fundamentals are second to Kirkland, plus low risk environment. If anything, it is a great buying opportunity I was waiting for. Bought some today and will be adding if slides to $8.00CAD. If gold continues its march to $1,600, this stock should rebound quickly. I have a feeling it will be bought soon like Detour...
  • C
    Chuckie
    What do the people on this board this this stock is worth with $1500 gold in the next 3 months ??? Any thoughts
  • 1
    1Mike
    News? Not complaining, just curious!
  • T
    Tony
    Just added. Seems like a good company with growing reserves.
  • t
    toronto
    That’s $202M CAD of gold annually at $1700usd/oz. Assuming a modest 20% profit that’s 40M net Income that’s a 63% increase Y/Y from March 2020. Not even factoring the appreciation of gold.
  • B
    Brodie
    Just bought into WDO this morning, hoping earnings call is solid! Seems like a great company with potential.
  • R
    Ryan
    Hey guys check out mrs.v company with a market cap of 33m but it's revenues this year are 74m plus last year they were 20m and 2 years ago they only made 4m. They've increased revenues close to 10 times what they were 2 years ago but haven't seen a share price increase. they have new purchase orders they working on this year worth 185m from the us defense department with a order cap of 470m us dollars. Go check then out $0.19 a share. I've seen companies like grn which were at $0.40 a share with a market cap of 30m and a backlog of 40m go to $2.5 in a month after more people heard about it, this company is worth 50m but has 185m in purchase orders.
  • F
    Frederick C.
    Very favorable mention by Fred Hickey appears to partially explain the recent pop.
  • v
    vtb
    The ultimate contrarian pk. Thanks again
  • T
    Tony
    Great news today. Long and strong!!!
  • D
    David
    I expect WDO to knock the third quarter outta the park. All things are aligning nicely. Should see reserves up, cash on had up, record free cashflow and reduced aisc. This is a cash cow and potential take-out target. I see touching $20C by eoy. I've made a lot of money trading this stock and I'm fully loaded for the next run.