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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

Post by gdug84on Nov 17, 2023 11:25am
235 Views
Post# 35741151

Response from Sandy

Response from Sandy

Thank you for your support and reaching out, I am emailing you from my email address so you have it for future communications and more timely responses.  
 

We understand your frustration, it has been a terrible market.  I would point out that our share price has moved similarly with others in the copper sector.  In regards to Paul’s selling earlier this year, it was done for tax planning and preparation for a large option exercise, he now owns more shares than he did at the beginning of the year.  It was unfortunate timing but not in his control due to blackout periods; where he wasn’t able to move shares due to his knowledge of insider information.
 

Our market cap is always top of mind for us, we continue to push to bring new investors in and inform our shareholders of advancements.  As you will recall, Rio Tinto is a strategic investor with ~8%, we are currently talking with them about what comes next.  We should have an announcement soon, but until that time, I can’t really say anything more.  Additionally we are moving forward with permitting and expect to submit the ESE Statement on Casino in the second half of 2024.
 

In the meantime, we remain very well financed, well positioned with strategic partners, with the largest Critical Minerals Mine in Canada.

 

Thanks,

 

Sandy

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