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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 > Another take on Casino
View:
Post by jclarke042 on Nov 11, 2022 9:56am

Another take on Casino

Bart Groemaere was on Trevor today, talks about his site visit to Yukon, including Casino. 

Segment runs 39:25 through around 44. 

https://anchor.fm/mining-stock-daily/episodes/Peak-Inflation--Precious-Metal-Bids--and-Crypto-Contagion-e1qirr8

He sees TRQ delay meaning Rio will delay Casino, which may or may not work out for them.
Comment by GardenManman on Nov 11, 2022 10:12am
if copper gold price recover. Will rio regret they don't offer a takeover deal to WRN in this half year? Stupid major.
Comment by jclarke042 on Nov 11, 2022 10:17am
The whole "Rio should wait for better copper prices" to buy out an asset 5 years away anyways, just baffling to me. Rio doesn't WANT to pay $1b. They might be forced to, but they don't want to. I just don't get it.
Comment by GardenManman on Nov 11, 2022 10:29am
major. Big company always be stupid. Because nobody will take responsibility for some wrong decision because they can afford it by other cashflow product. Until finally they miss much opportunity. I experienced one large company, each year so many VPs will be fired to go home because unexcellent performance. It is crucial but company survive and low level staff keep alive. Each company fail must ...more  
Comment by Marine2 on Nov 11, 2022 10:46am
Nov 28 will start the bidding war ! IMHO   At about the 30min mark of the last Webinar Paul mentioned “that he had several “Confidentiality Agreements” CA’s signed.” That means others large mining companies are interested in Casino and are looking to make an offer also ! Rio is caught between a rock and making a decision on Casino ! IMHO   This is shaping up for a ill timed ...more  
Comment by Heywood_Silvers on Nov 11, 2022 1:48pm
ill-timed bidding war for RIO?  Probably more ill-timed for us investors.  I would prefer any buyout to occur when gold is well north of $2k or nations globallly start returning en masse back to the gold standard to shore up their failing fiat currencies, which would easily take out the $2k barrier. China, Russia and others have been accumulating gold over the decades in anticipation of ...more  
Comment by Marine2 on Nov 11, 2022 4:06pm
Timing is improving for gold & copper assets but Casino cought up in bad timing for a buyout. IMO Sorry, but 16 yrs is enough,, timing sucks, I will take the best of the offers. If they materialize ? Gold price posts best week in more than 2 years, what's next?   Anna Golubova  Friday November 11, 2022 13:55   Kitco News  ...more  
Comment by Sooner on Nov 11, 2022 4:21pm
Hey - i think you are in the small minority on this board --- although i did note that Paul mentioned your type on the webinar :)  anyway, you do realize the monetary collapse could be 1 year or 100 years in the future don't you. I mean EVENTUALLY all fiat goes to 0...we all get that....but eventually could be a LONG time away...
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