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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

Comment by MetalMindedon Oct 25, 2022 9:46am
136 Views
Post# 35046253

RE:RE:RE:RE:Today’s Response from Paul

RE:RE:RE:RE:Today’s Response from PaulUsing "Sooner math" with the current share price premium methodology would garner an offer from RIO of about $350M US.  I think everyone here would agree, and likely the WRN team as well as the RIO team, woudl agree that would be a ridiculously low offer price not even worthy of consideration.  Yes RIO will lowball their first offer (who in negotiations wouldn't) but I can't imagine they would even begin to bring an offensive offer like that.  I've always said I'd be OK with "Sooner's" $6/share but believe that asset value will bring higher at some level.  I believe any settled offer will be north (maybe not much) of $1B US.  
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