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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 9:26pm
103 Views
Post# 35730580

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ESEI agree that the preferred option is not to allow RIO to increase to more than 10% prior to any buyout.  That being said, nothing can stop them from open market buying if they should choose to hit that 12.5% mark on their own in the absence of Paul rolling out the red carpet for them.

I believe we have less than a 5% chance of being bought out by RIO this month.  Where is the pressure for RIO to move right here right now?  The path of least resistance is for them to inch forward and figure out when/if they take the plunge to secure a board seat.

12 months from now it has a much better chance of coming to a head than today.  I know you want it now, but the timing isn't in the cards.  Maybe I am wrong and RIO will surprise all of us and open the purse strings, but I won't hold my breath on that this month.

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