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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based exploration stage company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Post by MetalMindedon Aug 18, 2022 9:15am
133 Views
Post# 34904351

I see it this way…

I see it this way…

Every publication and analysis shows a significant copper shortage in the coming decade.  They all may have various differences in timing but they are all in agreement over the next decade and for quite a while going forward.  Yes the gold is nice too.  


It eventually comes down to economic priciples.  There will be a shortage in the metal which will drive the price up.  Increasing copper prices will be that very nature drive desire of miners to have assets to pull it from.  The diesire for and lack of assets on the market for acquisition will
drive the price of the assets available up.  


Bottom line is that the longer we hold onto this and the further we get toward having it shovel ready, the more valulable it will be by multiplying factors.  I know this doesn't meet desired timelines by some here on this board.  For me, I would rather wait two years to get $10-$20US a share than to take $6US a share now . 


Just my humble opinion. 

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