Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Oct 07, 2021 12:30pm
112 Views
Post# 33982658

RE:RE:RE:RE:RE:Deal is getting close

RE:RE:RE:RE:RE:Deal is getting close Future metal prices come into play if WRN is viewed as an optionality play.  Granted, Casino is more of an advanced exploration / pre-development story than an idle optionality play on the price of gold, but optionality can offer huge upside for juniors.

What exactly can WRN management do right now to light a fire and re-excite the hot money to return?  They can't control metal prices, they can't control timelines on when the government will pay to complete their portion of the Casino Road.

What they can do they did this Summer, namely more drilling which should eventually be incorporated into a bolstered NPV profile for the project.  Everything else in the meantime is just biding time until a final buyout deal between suitor(s) is negotiated.  They can attend shows, give interviews and so forth, but what exactly are you looking for that goes above and beyond what they have already done?

Please, I'm all ears as to what you would do if you were in the shoes of Paul West.  If your answer is "force" a buyout as soon as possible at the best price we can take, you are in the wrong investment.  I have been investing in juniors for the last 10 years, it is a long haul requiring patience and and understanding of what the end game is.
<< Previous
Bullboard Posts
Next >>