Western Copper and Gold Corp T.WRN

Response from Paul

[EvenSteven27]

"We should have the first 1000 m drill hole into the anomaly in early July.  Unfortunately, assays have been taking a couple of months, so don’t expect assays until early September.
 
I and our geology team are pretty excited about drilling this anomaly.  It certainly represents a potential to be a game changer for the Casino Project."

[jclarke042]

Ok. So "early September" is Paulspeak for "late October."   I'm going October 24.

[dfwrgk]

What I want to know is:   The Casino asset is already undervalued, unrecognized by the general market.   Doesn't this recently announced drill program in some ways set us up for a more disappointed market if the drill results aren't extraordinary?   While I understand their reasons and desire to know whether we sit upon something game-changing,  something with

[GardenManman]

I guess background is that: the takeover price can't conclude between us and Rio, so Rio request to final drill, if find some exciting things, they will meet our price, or deal with Rio's price. The cause of "we have money now" is ridiculous, because it is not million dollars hole, it is affordable in previous years even without Rio money.

[jclarke042]

In hindsight, the 18 plus additional 12 months was a terrible idea. It should've been one year for the investor rights protections and that's it. If they're negotiating after the 12 months so be it, but it would've been over by now. The "market" undervalues we because we still have up to 17 months, assuming Rio extends. The "market" hears Paul explain the

[jclarke042]

LOL, just found this old thread with Paul responding to one of us saying "dont expect assays until early  September." This was dated June 21. And I, even in my pessimism, was overly optimistic. What a joke this has become.

[Marine2]

EvenSteven Thanks for sharing the info Good news, IMHO WRN has always been a speculative bet at best, now we have the critical mass / resource established at casino The new exploration "potential to be a game changer" is worth the risk to early Sept. Also finishing drilling the first 1000 m drill hole into the anomaly by "early July" we may get some info then as