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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 Sooneron Nov 16, 2020 8:10pm
97 Views
Post# 31911724

RE:New corp presentation posted on WRN website

RE:New corp presentation posted on WRN websiteDisappointing the new Corp presentation didn’t include any samples of the comparisons to others showing undervalued WRN. I looked at Cascabel (referenced in WRN Corp presentation) - checked NPV if that project =$4.3B. Cornerstone is 21% owner and their market cap $165M so that looks like 18% rate ($165/21%)/$4.3B. Finally found something close to WRN ... realize when I say close I mean only 2 times overvalued relative to WRN! Looks like Cornerstone told Solgold to “go pound salt” from the low ball offer earlier this year.

noted on Cornerstone website they claim Cascabel only tier 1 not owned entirely by a major. So Casino doesn’t qualify as a tier 1 mining asset?
Curious about that.  
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