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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 Sooneron Aug 28, 2023 1:56pm
120 Views
Post# 35608442

RE:RE:I like Paul…

RE:RE:I like Paul…How about this --- for Paul to highlight in his "selling" of Casino ---

What is Rio's average cost of capital - I think around 10%. Wha tis Rio return on invested capital - i think it's 13%. Now what is Casino return ----- I think it's close to 20% ...and that incudes an 8% discount factor!

I sure hope that if we work with RIo on another share placement (let's say 25M shares so they get up close to 20% total)....that they buy at 25M shares X $1.65 usd (10% premium) = $42M...that we do NOT just sit on that cash!!!!! We've been told we have enough cash to get shovel ready already -----

yes...i'm forced to ask my stupid question again. If we have this unnecessary extra $42M in the bank with 185M share outstanding...what is our marke cap.....

Alternatively, if we buy back shares with that $42M ....what would our market cap be?

I'm a firm believe it's much much higher with the $42M NOT sitting in the bank and i'm also a believer Paul is in a much better position with a higher market cap in any final buyout negotiations!
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