Western Copper and Gold Corp T.WRN

Paul at Beaver Creek

[Riotintoe]

For anyone interested in Paul's presentation today.  Paul was on point.  Also, what Marine said is correct.  Talking to Rio in a couple of weeks.

https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2023/09/14/western-copper-and-gold/play/stream/36895

[B4rryLyndon]

Good post, thanks for sharing! Two thoughts from me. 1) Mitsubishi right of first negotiation to offtake expires 2025; so surly they are expecting this project to get bought before that? Otherwise, why would they invest? 2) Met program "will kick off next year" (so 2024), according to Paul. Why would Rio make a bid before the new Met program is completed? Or am I completly off base

[Marine2]

B4rryLyndon This may help answer some of your questions ? MMC had all the info from Rio's Metallurgical work Jan 17th 2023 then came in with $22m. Just spending the investment money on tighting up results for going forword after buyout from RIO/MMC ! IMHO   WESTERN COPPER AND GOLD ANNOUNCES STRATEGIC INVESTMENT BY MITSUBISHI MATERIALS CORPORATION Mar 24, 2023 - News Release

[MetalMinded]

Paul again acknowledges we are under valued in the market,  so, what is he doing to change that and build enthusiasm among possible investors? The stream of conferences with the same tired old speach is not doing it. 

[MetalMinded]

And at the same time it is acknowledged that much is out of his control and is macro market conditions. These are two very smart market knowledgeable/experts.   https://youtu.be/tR_N-l9c8KE?si=uoVOrcqtxoryY7qZ

[jclarke042]

Complete failure to overcome the basic caricature I offered last month. We're still just a "low-grade, marginal, uneconomic project in the middle of nowhere. Higher metals prices will only be due to inflation, so higher Cu won't help NPV anyways, pass." Similarly, someone on another BC panel this week answered the question of "what do we need for investors to re-enter

[MetalMinded]

Somewhat agree.  What we do need is for the majors to experience it to be more costly to not purchase assets than it is to purchase them.  For a miriad of reasons, copper prices are suppressed right now.  This can't and won't last.  At the point the copper market recovers, it will become more costly for copper miners to not buy assets for their future.  Gold needs

[Marine2]

As Riotintoe pointed out,”what Marine said is correct.  Talking to Rio in a couple of weeks. “  https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2023/09/14/western-copper-and-gold/play/stream/36895   With MMC having all the info from Rio's Metallurgical work (NR Jan 17th) then on Mar 24th investing $22m tells you everything. MMC and Rio have had

[Marine2]

Who knows,, maybe a gold producer is interested and waiting in the wings. CDN Gold price at $2,604 OZ CDN 2,604.12   +23.59 +0.91% GoldSilverUSD      United States DollarAED