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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 > Moly takes another Jump in price ! $40.823 lb us
View:
Post by Marine2 on Feb 03, 2023 11:42am

Moly takes another Jump in price ! $40.823 lb us

What are we 15 to 20% Moly??  PEA was based on ?
Copper , Gold, Moly all up from last PEA !


  1. AuEq and CuEq values are based on prices of US$2.75/lb copper, US$1,500/oz gold, US$18/oz silver, and US$11.00/lb moly, and account for all metal recoveries and smelting/refining charges.


Molybdenum Prices for the Last Month

Molybdenum (lb) Date
$40.823 Feb 01, 2023
$33.339 Jan 31, 2023
$33.339 Jan 30, 2023
   

After reading that article https://www.mining.com/molybdenum-price-in-europe-hits-record-high/ moly may become more valuable (like rare earths) to the  Casino project. Molybdenum prices going up will lower mining costs at Casino ! 

Never know how this will effect the interest in Western Copper ?

M2
 
Comment by GardenManman on Feb 03, 2023 12:02pm
Even gold  1950+. Copper  4.3+. WRN still can't  be pulled up. Moly? Forget it.  
Comment by GardenManman on Feb 03, 2023 12:13pm
Even gold& copper up can't  pull the wrn up. That means:  the problem lies inside of Western. 
Comment by LZG1220 on Feb 03, 2023 1:33pm
We have a stupid management. That's the problem.
Comment by Marine2 on Feb 03, 2023 5:26pm
GardenManmam I hear you,  "gold  1950+. Copper  4.3+. WRN still can't  be pulled up. Moly? Forget it. " I can tell you WRN is worth nothing on this TSX junior board, WRN is not a producer, no cash flow, fully dependent on the market for raising funds and this is nothing but a game in the day to day price of the shares. Only value WRN has is what Rio may be ...more  
Comment by GardenManman on Feb 03, 2023 8:33pm
M2. Relax and  Have a nice weekend.
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