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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 dfwrgkon Jun 21, 2022 7:48pm
185 Views
Post# 34772641

RE:RE:Response from Paul

RE:RE:Response from Paul

What I want to know is:  

The Casino asset is already undervalued, unrecognized by the general market.  

Doesn't this recently announced drill program in some ways set us up for a more disappointed market if the drill results aren't extraordinary?  

While I understand their reasons and desire to know whether we sit upon something game-changing,  something with the potential to make some of us  longterm shareholders wealthy...
When we get to a September-October drilling announcement, are they not in a way gambling, betting the farm on an unnecessary drill hole... 

I really didn't like Paul's response when recently asked why drill again now?  "Because we have the money!" 

We are doing it out of curiosity, but I think the market might punish us, if the drill hole is not special.

This  seems unusual and unnecessary.  They can't say how excited they are about drilling it. 

And if it's a bad hole say, oh that didn't matter. We just did it because we had the money. Changing the plan right before the second FS is announced does not add up for me. 

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