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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 Dec 24, 2021 12:31pm
130 Views
Post# 34261116

RE:What's available

RE:What's availableHi Pine, you raise a very interesting point.  Some look at the current, marginal trading price of the shares and think this project will be lucky to get anywhere near double-digits share price in a buyout.  What they don't realize is, IF you actually attempted to go out and start acquiring enough shares to where you actually COULD dictate a buyout on your terms, the price would skyrocket to the levels I've been talking about all along.

This is why market cap is so deceiving:  it is dictated by the day to day traders flipping shares.  If you attempted to buy the company through the process of acquisition the increased demand would then be reflected in the elevated share price indicitive of what a true buyout value is.

Anyone who is having a mental roadblock regarding why the WRN shares have to be at a certain price level or the RIO shareholders will revolt if an offer is made on Casino need to read and understand this post.
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