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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 Aug 27, 2021 10:57am
130 Views
Post# 33775597

RE:RE:RE:RE:RE:RE:RE:RE:RE:What we need to do

RE:RE:RE:RE:RE:RE:RE:RE:RE:What we need to doHi Sooner, I believe the point in Paul's interview he was trying to make is such:

IF you believe the NPV was properly calculated (which I believe it was not, as it was too low), then there is no way that RIO or any other sutior will pay 90% or more of said NPV IF an offer were to be made TODAY.

Even using a standard (half for you and half for me) 50% of NPV would give us about $9 a share, which is 50% higher than your$6 figure.  Your $6 figure is about 33% of an already ridiculously low and unreasonable NPV.  Please re-read that last sentence as many times as necessary and let it sink in.

Here is what you should be expecting:  50% of a realistic (i.e. well over $2k gold and $5 copper) NPV that is over $5 billion.  There my friend, is your $20 a share.  Oh, and if prices get really crazy in the future, that $20 a share could actually look like a bargain.  The longer we hold out, the better it is for all of us.
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