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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 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 Sooneron Nov 23, 2020 8:29am
137 Views
Post# 31951060

RE:RE:RE:RE:RE:RE:RE:Congrats to Blueboron99 for Solving the Puzzle

RE:RE:RE:RE:RE:RE:RE:Congrats to Blueboron99 for Solving the PuzzleIf it were such a sure fire 100% guarantee of 5 bagger ...let alone 10-20 bagger over the next 12-18 months....then why wouldn’t Sprott and others  have bought 2-3 times over prior quarter? 

Sorry guys...I’m neither shorty no pumper ...just trying to play the middle ground and must believe in somewhat more efficient markets than others. Existing FS study would imply somewhere around $3-$5 share price in my opinion. Only a doubling of NPV would allow this to get close to $10 in my opinion. That would require better drill results (we already now about some of that), and/higher metal prices. I think CB or someone said that Barrick still uses $1200 gold in thei NPV calcs...so don’t expect short term metal prices to have large influence. 

Even the resource named Casino...so it’s not 100% guarantee haha....and derisking still required most likely I’m reasonably hoping for $5 over the next 1-3 years . 
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