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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 mining 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... see more

TSX:WRN - Post Discussion

Western Copper and Gold Corp > Soft or Hard landing
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Post by Moneymann on Apr 03, 2022 11:23am

Soft or Hard landing

Is the question going forward , we will know it within 2 months . If you looked at the charts Wrn would never jump. Gold which usually performs better never helped western. I looked forward to seeing how market will react .so downturns did. never helped western shareholders.

at the same time , management loaded with options and deadline looms for Rio refresh. Most of us hope deal soon although some prefer waiting . Some worry it will be steal some not.

permitting is treacherous in Yukon , BMC short before getting thru first hurdle of permitting after years of struggle has been freezed by FN who objected to Road to mine . They cut the main blood vessel leaving the project it's fate . Quite worried I am .

i have few contacts saying that Western does not have go with tailings yet .

volume is another worry I have .

my question to board here who is favouring deal shortly , what do you do in case no deal ? Or extending deal with Rio another year ? Appreciate your your answers . Regardless of certain price target .

those who can wait ,. Don't need to answer .
Comment by GardenManman on Apr 03, 2022 11:31am
if no deal and extend one year, I will cut some position(maybe1/3 - 1/2) , Frankly, Fed may play the quick(just one year) strike rate, all assets may tank, so keep some dry powder for other stocks, then next year get back
Comment by EvenSteven27 on Apr 03, 2022 11:44am
Moneymann, The FNs, I believe, have come to agreement on both access road and tailings dam. Here is regarding the access road which diverts around the town of Carmacks: Agreement reached for the Yukon Resource Gateway Project Published 04/04/2019  The Government of Yukon and Little Salmon/Carmacks First Nation have reached an agreement for the ...more  
Comment by Moneymann on Apr 03, 2022 11:52am
Thanks Steve, my worry is the last part which western has to permit . First  part ok , getting build .. regardless of future mines , this was needed in any case . second part 50% get ok , Serkirk s ok is missing  third part Western has to permit  in regards to tailings there is no written or signed agreement, please correct me if there is one   
Comment by Pinegrove on Apr 03, 2022 11:57am
Don't know of an agreement on tailings however was done with consultation of all interested parties - FN, Yukon Government & any other interested parties.They were included in the process so I assume they are OK with the plan, although I'm not positive.
Comment by EvenSteven27 on Apr 03, 2022 12:12pm
My assumption is that everything is a work in progress and that includes the Selkirk Nation: Western Copper and Gold and Selkirk First Nation Sign Agreement for Casino March 12, 2014 09:15 ET| Source: Selkirk First Nation;Western Copper and Gold Corporation VANCOUVER, BC--(Marketwired - March 12, 2014) - Western Copper and Gold Corporation ("Western" or the " ...more  
Comment by Sooner on Apr 03, 2022 8:44pm
Money - I'm taking Paul at his word that they have worked extremely Hard in being in alignment with locals and regulators in ensuring commitment to the project. I exchanged similar emails with him on this subject in the past.  I heard him also publicly state at some point after Rio announcement that Casino is going to become a mine at some point...it will get permitted it just takes ...more  
Comment by Sooner on Apr 03, 2022 9:16pm
https://www.yukon-news.com/news/significant-concerns-lead-to-human-rights-section-in-yesabs-coffee-gold-project-report/ and no matter what ----you are ALWAYS going to have a subset of the local community that will NEVER support a new mine. These same people will complain about cost of living...high gas prices...demand we go green but not let anyone build a new mine, etc, etc, etc.  
Comment by Moneymann on Apr 03, 2022 11:43pm
I am with you Sooner  , long term I have no problem at all . I have 280K shares , 250K of it I recovered my Capital . If it tanks for any reason , recession , Rio ....so on I want to sell and buy again . in case of recession we all know there will be indiscriminate sell off . any investor here with long term vision can sleep without worries but short term risks are mounting in my opinion.
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