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Western Copper and Gold Corp WRN


Primary Symbol: T.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 giovincoon Aug 29, 2024 12:35pm
87 Views
Post# 36201426

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:1.52 is better than ZERO

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:1.52 is better than ZERONot reading much into wrn, but permit submission delayed and cfo change. Right?
Usually submission delay is enforced when no one is interested in investing on developing the mine.
So, coupled with cfo being fired, it is easy to assume that the project is jot attractive even at the current copper price. They also brought in a new CEO with IB background, so it all narrows down to same outcome. Money is money, if the project is good then people will invest. Otherwise, it won't work. Rio is divesting its assets and investing in all projects around the world that they can get their hands on. They have so much cash and have no where to spend it. I would not buy this stock just because rio owns 10%. Millions to rio is petty cash.
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