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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 Mar 28, 2023 7:00pm
104 Views
Post# 35365733

RE:It's all about Copper !

RE:It's all about Copper !If my math is right, that mine has 17 years left and production generating right at $1B per year of metal at spot and they paid $1B for 50% of that?

I realize it's operating mine and capex was like $4B....but our phase 1 is 27 years and I think $1.5B revenue (payback 3 years) a year for for 10 extra years. Is my math right? Phase 1 casino is twice the size of that mine taking into account average per year and extra 10 years. So they valued an asset 1/2 the size of Casino at $2B ...and here we are trading at $350M....
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