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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 metalhead666on May 31, 2021 7:27am
75 Views
Post# 33295173

RE:RE:RE:RE:The greatest "no brainer" investments of your life....

RE:RE:RE:RE:The greatest "no brainer" investments of your life....If you're going to add in "blue sky" potential then you have to subtract "mean reversion" in the price of copper and gold, and other factors that add to costs or deduct from revenue in the future.  Can't just plug in 40 year mine life either even if that's what it might be.  A mining project is worth at the present time only a fraction of the NPV. That's where a discounted cash flow model might come in.

I think the simplest way to guess at a buyout price would be price per pound in the ground factoring in all the many variables best you can.  Clearly it's a lot higher than the current 1.5 cents. The average over a number of years is around 7.5 cents for copper and $90 if I remember right for gold. Now we can argue if Casino should command more or less than the average but going with averages WRN should be a $10 stock give or take. If you want to give a range I'd say between $6 and $12

Not going to be $20 as much as I'd love that. 
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