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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

Post by meathead666on May 06, 2022 2:22pm
215 Views
Post# 34662949

MD&A Spells DOOM For Casino

MD&A Spells DOOM For CasinoSince I know you're ALL SMART INVESTORS, surely you read the MD&A. What'd everyone think of the below. Does THIS sound like a company in a hurry to buy?

"Rio Tinto will have a right to:
  • Participate in future equity issuances to maintain its ownership in Western Copper until the earlier of: (a) Rio’s ownership falling below 5.0%; and (b) May 28, 2023.
  • A one-time “demand registration right” until the earlier of: (a) Rio’s ownership falling below 8.0%; and (b) May 28, 2023.
  • “Piggy-back registration rights” until the earlier of: (a) Rio’s ownership falling below 8.0%; and (b) May 28, 2023.
  • Rio also maintains the one-time right to extend the above dates until May 28, 2024."

May 28, 2024! Gon' get tired holding up those bags!! New sharecount target - 300m!!!


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