Transaction log

  • May 7, 2025 - Bought 150 @ $13.02 (0.96% wtg, opportunistic)

  • May 19, 2025 - Bought 100 @ $12.12 (250 shares, 1.47% wtg)

  • Jul 7, 2025 - Bought 100 @ $13.68 (350 shares, 2.20% wtg)

Wesdome Gold Mines

Location: Toronto, Canada

 

Fair value estimate history

  • Mar-25 - $22 (5.0% MFCF yield)

  • Jun-25 - $25

  • Sep-25 - $30

Profile

Industry: Gold mining

Sector: Basic materials

Theme: Inflation not dead

5-Year shareholder growth: +43.5%

Estimated fair value: $30

Valuation assumption: 5.0% MFCF yield

Insider ownership: 0.29%

Investors: Fred Hickey (The High-Tech Strategist), Grant’s Interest Rate Observer

History
Bill Fleckenstein weighs in on disappointing Wesdome Q2
Bill Fleckenstein weighs in on disappointing Wesdome Q2

Fleck on Wesdome earnings hiccup: “It’s doesn’t mean much in the long run.”

Trump’s tariff deadline looms
Trump’s tariff deadline looms

Investors are giddy and economic black swans stacking up, not a good combination. [trades]

Moody’s downgrades U.S. debt below AAA
Moody’s downgrades U.S. debt below AAA

The government’s dysfunctionality knows no bounds. Time to get more defensive. [trades]

Fred Hickey comments on Wesdome Gold Mines
Fred Hickey comments on Wesdome Gold Mines
Skechers being acquired for $9.4 billion
Skechers being acquired for $9.4 billion

Skechers accepted a cash offer from 3G Capital for $63/share. We’re also starting a position in Wesdome Gold Mines. [trades]