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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 Jun 08, 2021 11:43pm
57 Views
Post# 33353270

RE:RE:RE:RE:RE:RE:RE:RE:Not bad

RE:RE:RE:RE:RE:RE:RE:RE:Not badI'll tell you this...a major mining concern making a major acquisition doesn't care what todays metal prices are. They care about decades worth of prices knowing full well the cyclical nature of commodities.  Go look at a chart of gold from 2008 to the present. A mining company has to know that chart by heart and not care what the price is now..they have to think in decades  Those that bought at 2011 highs regretted that decision for 10 years. A smart acquisition in 2008 would have to assume gold would hit a new high and likely crash for several years too.  I'm sure Rio knows this so using current metal prices is not much help.  Think there won't be any global recessions over the life of mine at Casino? 
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