Western Copper and Gold Corp T.WRN

Embarrassing

[jclarke042]

We've been on the decline since Paul told the Amvest webcast, If we go through permitting alone, shovel ready in 4+ years. Hopefully they're taking the hint!

[MetalMinded]

Agreed, the investor community wants an updated PEA and Fesibility and then a sale.  They really need to stop pushing the whole "through permitting" story publicly anyway.  

[GardenManman]

As we all know, it is a strategy for bargain. But, if he repeat again and again....

[blueboron99]

I expect the PEA will serve us well with great economic values in the Report. The FS should be finished early in the 1st Q-22 followed by a high probability of the Casino sale. Gold is forecasted to be $1500US/oz and Copper at $4.50US/lb end of 21. Everything will aligned nicely. IMO, if Newmont wants to snooze, they definitely will loose. Demand is much greater than supply, in both gold &

[MetalMinded]

Ha sanyone asked management (or investor realtions) if the PEA is still on schedule or if there hae been any delays, COVID or otherwise?

[blueboron99]

Hi Metal, I sent a message this morning asking Paul that very question. I should hear from him today and post here on the BB. (bb-99) 

[Sooner]

if WRN goes down the next few days....you all can blame it on me . haha! It's usually my poor luck that when i buy a stock...it immeidately goes down.  Hoping a conservative $4 share price in next 1-2 years is achievable!

[GardenManman]

it was already $4 10 years ago( then dilution for survival), how is the feelings of the poor guys who bought it at $4 at 10 years ago. Now it still USD1.3, and management still talking how to develop alone, it is a failure.

[GardenManman]

that's why I agree with Diamond action to daytrade it, because you need to survive in the market instead of waiting for mercy.

[Sooner]

yep - pretty sad indeed. Luckily for me my usd cost average is about $1.1 right now and I have a target that if it hits $5 within 3 years i can retire by 55. For some reason, the market is valuing WRN as if it has a strong possibiliy of never becoming a mine at all -OR- there is firm belief that the economy is going to tank -OR- there is just such a lack of confidence in management that investors

[GardenManman]

sooner, your target is consertive and reasonable, I think you would make it. Good luck.

[blueboron99]

Hi Metal, Paul's Reply  RE-PEA Completion Targeted completion is for Q2 and we are on track to release during Q2.  Can’t be more specific at this time.   FYI, I’ve copied Sandy Noyes, our new director of IR who will likely be able to answer your questions more quickly than I can going forward. (bb-99)

[GardenManman]

thanks blue for your always instant information.

[MetalMinded]

Thanks Blue!  and there is an indication that Paul will be quite busy...busier than usual.

[blueboron99]

Metal, I know WRN interviewed for Chris's ex job months ago, and there were suitable candidates to fill it, but they chose to hold off for awhile. I get the impression now Paul has been too busy with higher priority items to wear two hats. Have a great weekend and a bourbon for me! (bb-99)