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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 > Buyout price in Nov ???
View:
Post by Marine2 on Sep 14, 2023 8:49am

Buyout price in Nov ???

Buyout price ?

Everyone guessing at what may happen Nov 26 with Rio ?

 

If it’s a buyout now I can’t see Rio paying any more then $4.00  to $5.00 CDN,, more likely $4.00 CDN tops !

 

At this point, after 18 yrs I am ready to bail,, hand Casino over to the highest bidder ! IMHO

 

M2

PS

 

Sept 12-15 Precious Metals Summit, Beaver Creek, CO

 

Paul presenting Sept 14th @ 15:45

 

 

15:45

Western Copper and Gold

NYSE-A/TSX: WRN

 

 

https://www.gowebcasting.com/conferences/2023/09/12/precious-metals-summit/day/3

M
ore of the same. IMO

Comment by Sooner on Sep 14, 2023 9:51am
$2.5USD -- which is a 55% premium to the $1.6USD end of June 2023 when Paul was highlighting to Crux monkey what Rio paid for TRQ. Sorry to be a downer! I see no other conclusion unless Paul has someone else on the line with interest in Casino.  If not....that's all we will get. I suspect Rio if offeing right now would be $2USD....Paul won't go that low....so most likely they will ...more  
Comment by Birdog11 on Sep 14, 2023 8:25pm
It is sad to see that after so many years, even Sooner is capitulating, he who maintained the USD $6 price for WRN for a long time.
Comment by MetalMinded on Sep 14, 2023 11:23am
Rio will annnounce a partnership with Mitsubishi and a buyout between $1.3B and 1.7B.  I suspect this will be partially cash and partially share exchange.  
Comment by jclarke042 on Sep 14, 2023 11:38am
Metal - not sure your stage in life. But if that happens, either 1) your kids college tuition or 2) your retirement house on the Gulf is on me.
Comment by Heywood_Silvers on Sep 14, 2023 1:23pm
RIO doesn't need Mitsubishi as a partner per se.  Sure, they can have their side offtake deals if they would like, but RIO is big enough to go this alone. If there is a JV, unfortunately (I am sure Paul knows this) we all lose.  No competitive tensions = no fair value received for Casino = failure. Sorry, I don't think this is a viable option from our perspective. Your comment ...more  
Comment by Sooner on Sep 14, 2023 3:57pm
$1.3B- $1.7B --- partnership announced in Nov 2035? Nov 2023 --- not even close....beyond pipe dream.... If Paul thinks that by Nov 2023 then there will obviously be no deal and this will just drag out. Am i the only one looking at our share price since Rio annoucement, since PEA, since FS, since MMC, since drill anamoly? Nothing has moved the needle. Rio would laugh at anything close to $1B ...more  
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