Western Copper and Gold Corp T.WRN

I hope something brewing behind the scenes!!!!!

[meathead666]

Is what you meant, right metal? And the rest of you: thanks for the laughs!!! You're gasping at straws with the casino's moly content, and smokin' that hopium Rio will accept valuation using $5 Cu/$2500 Au. Look at the price & volume since Tuesday's press release. Does it LOOK like something is brewing? If anything, sounds to me like your boys accepted Rios seemingly low-ball, yet perfectly appropriate bid, which obviously all of you skipped right over from jclarks link. "The fact we're at C$2, it makes (buyout) conversations possible. If we were at C$1.60, it'd be a tough time...."

Does this sound like Rio is prepared to value Casino at whatever the NPV using the above metals prices? Or does it sound like Casino is facing reality???? For historical record, Casino hit its enterprise ATH on February 8, 2011 for a $385m valuation - CAD:USD = PAR. Today's market capitalization = C$383.54. Rio Canada is negotiating with WRN for a Canadian asset, so USD's relative strength is meaningless. As an enterprise, this is as expensive as the company's ever been. Rio & Casino will negotiate a sticker price. Whatever that sticker price is, will represent the highest valuation ever for Casino. At best a 40% premium to here. Rio cares not a whit about the share count. Paul's likely accepted reality here, and is doing you all a huge favor before the mother of all crashes approaches.

[jclarke042]

This is entirely wrong: "Casino hit its enterprise ATH on February 8, 2011 for a $385m valuation - CAD:USD = PAR. Today's market capitalization = C$383.54." I'll be charitable and say you're likely conflating the stock's 2011 performance on a per-share basis, with the actual enterprise high end of May 2021, after the Rio news & copper squeeze. High of $3.35 CAD puts

[Sooner]

She's BAAACK. The monkey workshipper has finally returned with her meth pipe. Great....so even 40% from here....what's the complaint meathead....get on board. And regardless, if $2.6 usd is what the Rio offer is...and that is "fair"....then the market will speak! If it is NOT fair...then some other 3rd party will say, "hey...wait a minute....Rio offering $400M usd (23% FS

[Marine2]

Sooner Ha,  "If $2.6 usd is what the Rio offer is" not with Moly prices where there are in Jan 2023 ! Just rumour,, Moly could go to $120.50 (USD/KG)   Molybdenum (USD/Kg) 73.50   Link>>  https://tradingeconomics.com/commodity/molybden Lets stick with $6.00 US$ at the end of the day ! M2

[Sooner]

agree --- i'm just trying to tell the meathead...so she is telling us 40% higher than current WRN is all we can expect (i guess)...and my point to the methhead is "ok...great...take your 40% and get on board".. a 40% return with a Rio offer is still a great return from current...realizing it's not what I would think is "fair"....but if it's not fair..then other

[Asdfghjk]

Hey look everyone methhead has an opinion again!!!

[Heywood_Silvers]

M666, I agree that the mother of all crashes is upon us.  But, what phoenix do you think will rise from the ashes of the old financial/monetary system that current stock market valuations are a part of?  It will be a new monetary system backed by gold.  Then and only then will we see the true intrinsic value of Casino be realized.  We are sitting on one of the world's

[Diamondboy123]

Silver Hayward. You are certifiable. 

[Sooner]

Everyone thought similar when we hit $10T US debt...then $20T....then $30T.... the charade can last much longer than you think....