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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

Post by Diamondboy123on May 13, 2023 12:26pm
195 Views
Post# 35446949

Opportunity cost.

Opportunity cost. Although some have been in longer, let's take 10 years. Let's say average cost is 1.50 Canadian. That accounts for bottom fishing of say 60 to 70 cents and buying at 2.00 to 2.5 when the juices were flowing like rio buying in .  It's 2.24 now. Probably gonna go lower but let's use that as our barometer for todays exercise. We would be up 50 percent. But had we invested in a stock that went up 7 percent on average each year we would have doubled our money today. Now I know there is the bonus of buyout but ask yourselves how much more do we get? What are the odds it doesn't happen(again)? And most importantly how long would it take to happen if it does?  That's what frustrates me. Paul and the gang have been paid for over 15 years. Think about that. They've gotten warrants and options andCASHED them out at great profit. Unless I made the money I did trading the ups and downs of this stock over the years I'd be very disappointed. My honest take unfortunately.  
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