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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 MetalMindedon Aug 07, 2023 9:54am
213 Views
Post# 35576045

Other aspects

Other aspectsAmongst the other macro factors (strong dollar, terrible Junior environment, etc.) affecting SP, we have uncertainty.  IMHO YESAB is a major one.  The committee has already demonstrated they don't feel the need to be constrained by their own approved rules with the extensive extension to REVISE the existing guidelines which in and of itself is not contemplated in the rules.  I don't think we are going to see Anya Corbitt until the revised guidelines are released in a week.  There is too much uncertainty the the committee will once again go rogue and significantly modify the guidelines in ways not beneficial to WRN and the Casino mine.  It's clear the WRFN has way more influence than is appropriate for whatever reason that may be.  August 17th will be quite telling on what the future looks like with YESAB post guidelines. Until then, the SP will be harnessed and likely go down further.    
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