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Western Copper and Gold Corp WRN


Primary Symbol: T.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

Comment by nicholason Apr 15, 2024 5:43pm
91 Views
Post# 35990424

RE:RE:RE:SP WTF

RE:RE:RE:SP WTFEight Capital has been buying a lot of shares these past weeks. Usually, a underwriter will short a company before a raise if they have no skin in the game. Also, the bought deal price is quite decent, and allows them to wait out Rio from a position of strenght.

I feel like the new CEO is simply bringing in more Bay Street money as a way to put some pressure on RIO (who will have to buy shares to keep their anti-dilution clause). Perhaps it's not all negative here, especially with Gold/Copper prices going up.
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