RE:Old Swiss Gold LetterMarine2 wrote: Swiss Gold Letter on Sunday, September 18, 2022 recommended
1) Buying Western Copper and Gold (WRN.TO – C$1.62)
2) Rio Tinto also could bid to acquire WRN for C$375 million (or around $2.50/sh).
3) This would represent a 50% premium to its current price, but would still be significantly lower than the highest price for WRN shares in 2022.
4) WRN shares hit $2.50 Jan 11 2023 | | | | | | | | | | | | 1,594 | 42,256 | 25,030 | 400 | 465 | 29,900 | 1,300 | | | 643 | | | |
2023-01-11 | T | WRN | 2.56 | 2.58 | 2.50 | 2.58 | 0.08 | 296,817 | 968 | 2.54 | 2.60 | 172,104 |
5) Profit taking has kicked in since $2.50 and taken us down to $2.24 today,, some investors have already made their money on WRN since September 18, 2022 recommendation ! $2.24-0.03 | -1.32%
Next Step for us !
Once it is built, Casino will generate after tax cash flow of $950M CAD for the first four years and over $500M for the life of the mine. While its initial capital expenditure is significant ($3.6 Billion CAD), Casino would earn back this amount in 3 years. This is remarkable for such a large project.
Buyout from ??,,??,, Rio @ $6.00 CD ! Before June 2023 !
M2
Only $6Cdn for 16/17 years of steadfast loyalty and unwavering support. Utter rubbish. When Newmont makes their bid, this will be double digit. Why do the people on this board keep casting doom and gloom? Disservice to self and others. MC is partially down to us investors, especially those who choose to play the short game. Can't say exactly where, but we should be in the $12-23 range (personally think $18-22 range is right). let's get what we deserve, and fair value. The major that takes us will make huge profits on our back. let's get what we deserve... and, no, i am no newbie to wrn. i have been here since inception. as blue barron rightly asserts, we are "the jewel of the yukon", hands down. it's a joke that we are trading at $2.24 Cdn