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Bullboard - Stock Discussion Forum 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... see more

TSX:WRN - Post Discussion

Western Copper and Gold Corp > I see it this way…
View:
Post by MetalMinded on Aug 18, 2022 9:15am

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.

Comment by Diamondboy123 on Aug 18, 2022 9:51am
Two years was fine in 2011 and 2015 and 2019 and even 2020.  But when it keeps getting moved down and the mon3y raised spent in the interim and the equity further diluted when do we say cmon man?  I'm just soooo frustrated. I really thought when rio bought in this would get done. Dale confirmed that as well. And yet?  
Comment by Sooner on Aug 18, 2022 10:34am
Probably reason it didn't get done is they offered a specific premium to our market cap (let's say even when we hit $2.8 usd a share). They would have offered likely 40% premium which would have given $3.9 usd per share or $600M usd... and perhaps we weren't allowed to vote on that...because our bod thinks we are worth double that... most likely if that's the case and Rio still ...more  
Comment by GardenManman on Aug 18, 2022 10:37am
Don't wake up metal. Paul also agree to extend more years because he can pick up more 800k.
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