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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 Heywood_Silverson Jul 06, 2021 5:48pm
64 Views
Post# 33503144

RE:RE:RE:RE:RE:Reality Plus…

RE:RE:RE:RE:RE:Reality Plus…Hi Sooner, the number of shares to determine a buyout price shouldn't include RIO's shares as RIO isn't "going to pay themselves".  Looks like we added another 2+ million shares for more cash to the kitty today though, so I would use about 137 million as of today.

Back of envelope calculation as of right now:  Agreed upon NPV buyout price * 50% divided by 137 million shares = our per share haul.  Then, you convert that dollar amount against the 20 day moving average of RIO's shares to determine what an effective share exchange ratio would look like. 


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