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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 blueboron99on Oct 25, 2022 12:33pm
110 Views
Post# 35047073

RE:RE:RE:RE:RE:RE:RE:RE:Today’s Response from Paul

RE:RE:RE:RE:RE:RE:RE:RE:Today’s Response from PaulPinegrowth1,

"They need to help WRN get the market cap to a point where a reasonable premium will allow all shareholders to accept a deal".

IMO, what will achieve your statement is more time, to allow market to increase copper & gold prices, more time to pursue the mining license as originally planned to the shovel ready stage, more time to definitely ride out the increases of inflationary costs and the recession forecasted for 2023.

Starting point - sign off the extention at Casino until Nov 30/23 and I guarantee the market cap will be much better than it is today.
Econmists in the know suggest the Recession will turn the corner start of Q3-23.
At the end of Nov/23 shareholders at RT will have to accept what the market cap is at and shareholders at WRN would be more apt to accept an offer than today.
IMO, time will achieve the concern you posted.

Blue
 
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