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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 Jan 01, 2022 3:16pm
114 Views
Post# 34276387

RE:PEA $3.25 Billion who is going to finance that??

RE:PEA $3.25 Billion who is going to finance that??Your post reminds me when I was younger and would play Monopoly with my dad.  I would always balk at the higher priced properties because they were higher priced.  My dad imparted some sage wisdom to me which I will pass onto you:  It takes money to make money.

To be certain, the capex for Casino is larger than your ordinary project because there is a sh** ton load of gold and copper at Casino.  If you (whichever suitor ends up owning Casino) want to receive that payday you have to pay up accordingly.

You think that you'll get a Mercedes on a Honda budget?!  But the capex is so large that it will restrict the potential pool of suitors you may say.  OK, fine, we all know that only the majors will bid on this project.  What is your next concern please?
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