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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 dfwrgkon Nov 24, 2023 1:44pm
92 Views
Post# 35751910

RE:RE:RE:Last minute uptick 5.4%,, Thanksgiving !!!

RE:RE:RE:Last minute uptick 5.4%,, Thanksgiving !!!

But M2,
Keep in mind, the Market often reacts the opposite way from what average investors think should or will happen. Rio is also a deterrent from many somewhat smaller players compared to them.  

Rio and our current situation might very well be what's keeping the volume down, the share price down and other more serious mining companies away. While an initial negative reaction is possible, things can reverse quickly onc the Market evaluates the Pros and Cons of reality.

I believe a new joint venture will be announced and Rio will remain a part of it.  The mine cost risk is an issue and will probably be spread out more. 

Once they commit, we will repeatedly hear that this is the most important mine project coming to Canada.  For now, it's strategy.  We are still in control thanks to an experienced Board who knows what they are doing.  Button didn't buy the number of shares he did, to sell for $1.50.

We move higher in 2024 one way or another.  Copper is in play. 

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