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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (84337)	5/29/2020 8:50:19 AM
From: Goose94	Read Replies (1) of 202925

Wesdome Gold Mines (WDO-T) Mackie Research Hold Wesdome Gold Mines has released a positive Preliminary Economic Assessment (PEA) for its Kiena underground gold project in Val-d’Or, PQ Canada Using the September 2019 resource as its basis, the PEA envisions Kiena producing an average of ~86,000oz per year over eight years at a total cash cost of US$374/oz and AISC of US$512/oz. The Company still plans to update the existing resource in Q4/20, in preparation for a Pre-feasibility Study (PFS) and construction decision in H1/21. We maintain our target, but downgrade our recommendation to HOLD from BUY.

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