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, Bill Fleckenstein

History
Wesdome reports positive drill results, says Bill Fleckenstein
Wesdome reports positive drill results, says Bill Fleckenstein

Wesdome’s drill results buttress the long-term bull case according to Fleck.

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]