More talk on what's steps with Rio
Who knows ?
What if Rio is looking for a deal that has WRN trading @ $5.00 CDN but not being a complete buyout ?
Rio ends up owning say 60% of WRN dumping in a bunch of cash into WRN and uses WRN to buy up these beaten up exploration companies ( Paul did mention looking at exploration opportunities). just looking ? LOL
Rio is looking out 5 to 10 yrs when the grid may be conected to the Yukon and uses WRN as a conduit / agent to snap up some of these opertunities?
What could Rio do to pump our stock up to $5.00 CDN without buying WRN out for $800m to $1B $$ CDN ? They would be playing for time while this grid power becomes a reality in the Yukon lowering mining and development costs !
M2
Time will tell what Rio has in store for Paul / Western Copper ?