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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

Post by Heywood_Silverson Jul 14, 2021 9:07pm
138 Views
Post# 33547361

Current PEA will soon be worthless

Current PEA will soon be worthlessWhat happens in a $2,500+ gold environment?  The current PEA only goes as high as $2,200.  What IS the NPV of Casino at these levels?!  This is akin to giving a blind person an outdated, 100 year old map and asking him to guide you to your destination.

The more I think about it, I don't want us to sell until it is painfully obvious that the current PEA is outdated and that our NPV is multiples higher than the laughable "headline NPV".  Focusing on a hypothetical sale of Casino today using the "headline NPV" is what gives rise to the lowered expectations of some who would be happy with scraps (i.e. single digits) per share.
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