RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell on news ?Sooner, here's a little trip down memory lane to a WRN press release from November, 2010, around 15 months after I purchased my first shares. It shows that Dale clearly understood the value of the molybdenum in the deposit. I see it too, and thanks for keeping us focused on the total value of the future revenue stream.
"Western Copper Corporation ("Western Copper" or the "Company") is pleased to announce an updated resource estimate for its wholly-owned Casino Gold-Copper-Molybdenum Project in the Yukon Territory.....the largest increase to the resource comes at the inferred level of categorization. The combined supergene oxide, supergene sulphide, and hypogene inferred resource at a 0.25% CuEq cutoff has been increased over 6 times to 1.70 billion tonnes (see Table 2). These results have added 7.4 million ounces of gold, 4.4 billion pounds of copper, and 615 million pounds of molybdenum to the resource at the inferred level."
"This resource upgrade to the Casino Project, one of the world's largest open-pittable gold, copper, and molybdenum deposits, is remarkable," said Dale Corman, Chairman & CEO. "This new resource will be included in a revised pre-feasibility study scheduled for completion in early 2011 where we expect the large increase in supergene mineralization to result in higher grades over the initial operation of the mine, lower strip ratios, and thus much better economics."