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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 EvenSteven27on May 25, 2024 7:03pm
287 Views
Post# 36057639

Response from Sandeep

Response from Sandeep
Hello, thanks for your note.
 
 
 
Dilution is rarely popular and it’s not something we undertook lightly, but I do think this last financing was in the company / shareholder’s best interest. We have a long runway in front of us without needing capital, we have grown the tent of shareholders, added new large institutions who hopefully have built starter positions that they can continue to grow in the market, and are in the process of building a much larger pool of analyst following.
 
 
 
Ray and Rob are excellent board candidates, we are lucky to have them join Western. They, and the entire board know that everyone would like to see the board’s ownership grow and it was nice to see a couple participate in the last financing. I do expect our board ownership to grow in the near to medium term.
 
 
 
As you mention, I am a large shareholder, I believe in the project, and that the company can be a lot more valuable. I hope this helps and provides confidence in your investment.
 
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