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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 jclarke042on Oct 25, 2022 11:51am
158 Views
Post# 35046767

RE:RE:RE:RE:RE:RE:RE:RE:Today’s Response from Paul

RE:RE:RE:RE:RE:RE:RE:RE:Today’s Response from PaulThe real fun starts October 2023 when our market cap....hasn't really changed that much.

Oh, I'm wrong? In May 2021, did any of you honestly think we'd be at $200m right now? This time next year, we won't be sufficiently farther down the permitting road to matter.

We haven't addressed the elephant: the market sees nobody taking on the CAPEX. IMO, now only two ways to solve that:

1. We sell Rio 25% in a JV, while we take the lead on permitting. Who cares if Dale doesn't like it.
2. We sell NEM 25% with an agreement to use Coffee's heap leach pad to start. Casino has to earn $$ DURING full development, let it pay for itself.

The market needs to see someone commit. This wishy-washy Strategic Investor agreement, that they can extend out if they want for whatever reason didn't cut it. Some major puts a $300m price tag on us? Great, we'll sell you 25%. 
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