Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 IvanRoon Apr 05, 2024 8:46pm
125 Views
Post# 35974253

RE:RE:Casino CDN Gold price !

RE:RE:Casino CDN Gold price !Rough calculation with spots for CU at 4.25 and AU at 3,500 -> NPV 8% would be worth approximately $6.5bln USD. So based on 168m shares on offer, that would be $38 USD a share (using current prices). However, using S&P Globals data on copper acquisitions, we would like see a maximum of 20-25% paid for metals in the ground which equates to roughly $7-10 USD a share and that translates to a range of $1.2 - 1.7bn USD valuation. Or even at current spot prices NPV 8% 4.3bn USD using the same logic as above $5-6 USD a share or 800m - 900m USD valuation. You heard it here second, max $6 USD valuation based on current spot assuming no other discounts applied or cheeky bids.
<< Previous
Bullboard Posts
Next >>