Bullboard - Stock Discussion Forum Western Copper and Gold Corp T.WRN

Alternate Symbol(s): WRN

Metals & Mining Industrial Metals & Minerals

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... see more

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TSX:WRN - Post Discussion

Western Copper and Gold Corp > Bidding War or Multiple Party JV

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Post by EvenSteven27 on May 17, 2021 4:05pm

Bidding War or Multiple Party JV

Which?

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Comment by Sooner on May 17, 2021 5:10pm

Even - i'm going with multiple party JV. Just looking at Rio's portfolio....they have very little Gold production. Even the copper production not nearly as high as other metals so it's kind of surprising to me. Perhaps though Rio has decided they want to get more balanced portfolio and they want the entire Casino deposit and it won't be JV. The best way for this to play out in my ...more

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Comment by jclarke042 on May 17, 2021 5:19pm

There's a standstill agreement - meaning Rio can't buy on the open market. If they want to increase their stake, they'll have to deal directly with WRN & ask them to issue more shares in return for more $$.

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Western Copper and Gold Corp