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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 Sep 14, 2023 7:22pm
122 Views
Post# 35637287

RE:RE:Another point to keep in mind

RE:RE:Another point to keep in mindAgreed Sooner, we must be at the last tranche of shares that could possibly be given to RIO via one last extension.  RIO cannot be allowed to acquire more than 12% short of them making open market purchases.

Slowly creeping up to 20% is what some companies do prior to a takeover and then they get preferential treatment since they are a "control person" at that point.

Anyways, we all know that RIO is slow walking this process and that is what they are comfy with.  Paul said it best, the lowest price you'll ever get for Casino is today (2021).  We can debate what an inflation premium is worth, but whatever Pauls' magic number was 2 years ago you will need to add at least 15 to 20%.  Keep adding 10% annually, no worries.  We'll get paid to wait, as we should!!


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