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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 jclarke042on May 31, 2021 7:37am
72 Views
Post# 33295195

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

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

metalhead666 wrote: 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. 

 

Exactly right, and why the PEA/FS will use a "base case" of something like 1500 Gold and 3 Copper. In other words, show this project is economical even if prices collapse. Detractors see Casino as an "optionality play," meaning it is ONLY economical (and thus will only look attractive) at sustained prices of 2k Gold & 4.5+ Copper. 

Please remember too all, the real goal here is to show shorter payback, better IRR and better strip ratio. Not necessarily to see how high we can get the NPV, nice as that'll be to see.

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