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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 Nov 11, 2023 5:04pm
90 Views
Post# 35730432

RE:RE:RE:RE:RE:RE:RE:RE:RE:ESE

RE:RE:RE:RE:RE:RE:RE:RE:RE:ESESure, % could go up to the 12.5% allowed.  Personally, I wouldn't want it past the 10% threshold since afterwards you are getting into "ownership creep" which can be a prelude to a soft takeover on terms favourable to the suitor.  But I digress.......  not much difference between 10 & 12%.

The 12% needs to be the line in the sand though.  No more kicking the can down the road.  If market sentiment is still not where we need it by next year, then RIO will have to "force" the issue if need be and start aggressively buying in the open market to a point where it becomes blatantly obvious to all we are on the cusp of a buyout announcement.  That will take care of anyone concerned that RIO is acquiescing to a "overpriced" buyout figure.  If Paul and the BoD were comfy with a lowball buyout figure none of us would be here on the board anymore since the company would've already been acquired.

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