Western Copper and Gold Corp T.WRN

Opinions please....What is the least amount WRN goes for?

[metalhead666]

In your opinions what is the absolute minimum any buyout could possibly, realistically go for?  The barest lowest price Dale would sell out for given all that's happened and all we know?  $4? $6? What do you think and why?

[jclarke042]

Years ago, WRN had in its presentation a list of precedent transactions expressed in price per pound of CuEq. The average of those....20 or so transactions was 6.7cents per CuEq. 21b lbs CuEq * 6.7 cents is approximately 1.5Billion. IMO, that's the ask.

[metalhead666]

Excellent

[Heywood_Silvers]

I'll give you the easiest and most basic explanation:  nothing below double digits (USD). Reason being is that if the team didn't sell for $4 USD back in the day, why would they sell for today's equivalent of $8 USD?  Once you rule out $8, your answer has to be somewhere north of that, which for the most part means something in the double digits. What I would want (as a

[metalhead666]

Good explaination..thank you

[Sooner]

$6.5 usd = $1B for the 155M fully diluted shares  because Dale has previously stated Casino similar in size and quality to Pensaquito- and that sold for around that. I think much larger capex though gives Casino a bit of a discount. $1B would be around 25% NPV at long term metal prices I believe and also around $0.05 per copper equivalent which seems reasonable. lastly Dale getting old so

[metalhead666]

I'd take it and say thank you. I'd like $10 but $6.5 is nothing to be upset about. Keep up your great commentary.

[Heywood_Silvers]

I vehemently disagree that $6 and change is nothing to get upset about.  I will absolutely vote my shares NO to any proposal below doube digits USD.  End of story.

[Gutinstincts55]

agree 100%

[jsladek]

I chatted with Dale a few years ago at PDAC and our conversation got around to how Casino might turn out to be a bigger deal than Penasquito which went for $1.1B. On this basis, the minimum price is $8/share.