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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 Mar 21, 2022 6:37pm
123 Views
Post# 34532850

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Keep Faith

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Keep FaithHi Sooner, part of all our projections to a certain degree are influenced by our holding size and our timelines.  You have more shares than most of us and prefer a quicker buyout.  For sake of argument, if you had half or a quarter of the number of shares and a longer timeline you would be leaning towards double digit territory.

That being said, it is entirely possible that if RIO in 2020 floated the idea of a sub double digit buyout, say $8 - $9 or so, could they twist the BoD into agreeing to a buyout at that level?  I think they'd have had a very good shot at it considering it would've been 10x the current trading price.

What happened instead though?  The strategic buy-in, the newer PEA, the continued inflation in the interim.  The single digit buyout, in my opinion, had a very short window for execution.  Now we are in double digit territory.

If the gold/silver revaluation occurs prior to a formal Casino buyout offer, all bets are off the table as our global financial and currency system will be in a new paradigm at that point, but that is an entirely different topic altogether.  Suffice it to say, the price tag continues to move higher and higher month by month.
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