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Bullboard - Stock Discussion Forum 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... see more

TSX:WRN - Post Discussion

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Post by dfwrgk on Nov 07, 2023 8:25pm

From Sandy

...........

Thanks for reaching out, I will share your message with Paul and the team. 
 
As Paul has said to other shareholders like yourself with the same comments “We are currently talking with Rio about what is next.  As you note, limiting dilution and Rio’s shareholding of WRN are key factors as we continue discussions.  I can’t disclose much more than that at this time, but I am happy with the direction that discussions are going.”
 
Thanks,
Sandy
Comment by Marine2 on Nov 07, 2023 9:08pm
dfwrgk Thanks for sharing your feedback This sounds encouraging  "I can’t disclose much more than that at this time, but I am happy with the direction that discussions are going.” At least they are in talks with Rio. Nov 28th ? M2
Comment by jclarke042 on Nov 08, 2023 5:50am
Appreciate everyone's efforts here. I'd just remind everyone it's been Just Around The Corner for 2.5 years now. Right? What, did we think she'd answer "I don't know, dwf, Rio says all the right things but it could really go either way at this point." All our speculations re Rio / Yukon might play out yet. But it almost certainly won't be in the next 2 weeks ...more  
Comment by Sooner on Nov 08, 2023 4:17pm
"Appreciate everyone's efforts here. I'd just remind everyone it's been Just Around The Corner for 2.5 years now." Yes - true story....just around the corner per Dale back in April 2021 interview.... Stated Rio had completed most of DD and very little left. Expected to be completed well within the 1st rights expiry....LOL!
Comment by Marine2 on Nov 08, 2023 5:16pm
Sooner I was there in 2011 when WRN was trading @ $4.50 when we were looking for a buyout,, own more shares now but there is more shares out now,, dilution ! Time to cut and run before we end up back at .60,, $3 to $4 B to build Casino and what 10 yrs to start mining ? IMO M2
Comment by jclarke042 on Nov 08, 2023 5:46pm
You were there when WRN was a $450m company. Now it's $276m. Always use market caps, always.
Comment by gratvalyou on Nov 08, 2023 6:42pm
Yup....... and 40 mill of that MC is cash! sad
Comment by Sooner on Nov 09, 2023 7:16pm
yes - volume stinks. Our market cap stinks. As i've told Paul and Sandy....I can guarantee you that our market cap would probably be double what it is today if we took $20M of that $40M cash and bought back $1M of stock a day for the next 20 days!!!!! and i begged them...NO MORE dilution...or if some dilution offset that with telling Rio to buy some on the open market and not all new shares!! ...more  
Comment by Marine2 on Nov 08, 2023 11:06am
All bets have been placed ! T:WRN - WESTERN COPPER AND GOLD CORPORATION J - https://www.westerncoppercorp.com 10:22:21 EST - Update in 7 seconds Pause Live Quote   Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo  ...more  
Comment by dfwrgk on Nov 08, 2023 12:34pm
Perhaps yes, Vegas because at various times in the exploration unknowns, the permitting unknowns, it's all a gamble. But most things with an exponential payoff are gambling. All markets are gambling!  We have a more conservative, methodical management team that unfortunately won't pump the stock when our egos and our fears demand they do more for us so we can say, see we are right.  ...more  
Comment by Marine2 on Nov 08, 2023 2:27pm
dfwrgk I agree when the announcement comes it will be better than we've contemplated ! As to the value of a junior development company like WRN looking at a $3 to $4 B $$ project the share value is in the hands of what the market thinks a company like Rio would pay for Casino in a buyout. Other then that WRN has $0 value ! This is a poker game for Paul and company to get us a buyout at a ...more  
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