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

Alternate Symbol(s):  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... see more

TSX:WRN - Post Discussion

Western Copper and Gold Corp > What we have here is a failure to communicate.......
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Post by Heywood_Silvers on Jun 28, 2022 10:37am

What we have here is a failure to communicate.......

the true picture to interested parties.  I totally understand the disappointment with the lackluster reaction to the FS.  Maybe the F should be changed to a B.....but I digress.

We have effectively the same old, ultra-conservative, outdated data that the PEA churned out.  This is akin to GM back in the '80s recycling the car from last year, slapping the new year sticker on it and advertising it as "new and improved".

The problem isn't the goods, it is the message and the messenger.  Garbage, that is really all this FS is in my view.  Well Paul, have fun marketing this, your superiors have hobbled you somewhat by not giving you the proper marketing materials and I somewhat doubt you have the skills to think outside the box that you've been placed into.  Or, maybe he shot himself in the foot, he is the CEO, no?  Does the BoD really micro manage him that much?

One silver lining to all this is that it is a foregone conclusion that you'll easily be able to scoop up shares close to a dollar by the time the dust settles on this.  But, hey, don't let me stop all those enamored by the FS from shelling out $1.60 at today's prices.

I still believe that gold will bail us out and that Casino will sell for double digits.  We will have our payday despite our inept management, not because of them.
Comment by Marine2 on Jun 28, 2022 12:09pm
Be optimistic we have the "Exploration Drilling" "The key exploration target for the Program,,    a deep magnetotelluric (“MT”) low-resistivity anomaly initially identified in 2009 by a Titan IP-MT survey, and better defined by data reprocessing in 2018  The anomaly trends NE-SW, is approximately 1,300 m long and 500 m wide, and is expected to be ...more  
Comment by Heywood_Silvers on Jun 28, 2022 2:15pm
Well I guess we're all the Hoffmans now searching for that elusive "glory hole". "No guts no glory!!" Maybe Paul can plug us on the Discovery Channel:  next season Parker Schnablel is teaming up with PWS as they search for the glory hole in the Yukon which will finally give PWS some talking points instead of beating the dead horse, er I meant the outdated FS/PEA. A ...more  
Comment by Sooner on Jun 28, 2022 2:36pm
Ummm -  No ...the worst is much lower than $6 usd...if it takes 5 years and we continue burning cash and further dilution ....
Comment by MetalMinded on Jun 28, 2022 2:46pm
Again, the drill target this year was not requested by RIO and is not part of their decision making criteria.  So, we aren't doing it just to stay busy.  That would be highly illogical.  No, there is another party that is interested in knowing what it holds.  My guess is our neighbor wants to know.  When we get those results, by the way before the end of the RIO ...more  
Comment by IvanRo on Jun 28, 2022 4:32pm
You need to listen to the PWSs video again... but in summary PWS went to his Geo's and asked them what do you want to do knowing that this is potentially the last drilling season, they said the anomaly and they agreed it with RIO etc. So effectively, may not influence RIOs decision to buy WRN but they definitely were involved in the decision making for the drilling...
Comment by Sooner on Jun 28, 2022 4:38pm
....and if it comes back a dud....then everyone that is currently claiming it's going to be spectacular will say it doesn't really matter. personally, i still don't understand why if it's so exciting in 2022 ...why wasn't it exciting in 2018 and why didn't we spend the $300k back then to drill it. It COULD be a game changer...but it COULD be a big nothing burger just as ...more  
Comment by jclarke042 on Jun 28, 2022 4:39pm
I wouldn't overthink the drilling. IMO, they're doing it specifically to bridge the gap between our Market Cap & NPV because literally, and I mean literally, everything else has failed. And for what it's worth, Casino getting roasted on other socials today, saying no way this ever gets bought.  Hail Mary time, indeed. Looking forward to Paul lipsticking the pig on ...more  
Comment by GardenManman on Jun 28, 2022 4:40pm
as Even Steve guess, more deeper more copper lie there, so normally the idea was ignited from copper producer, such as Rio, NEM is gold producer. Anyway, more drilling more delay, more dlitution, less return and uncertainty.
Comment by RRS2626 on Jun 28, 2022 2:49pm
Agree.  Hopefully that will not occur but a $6 share price is 4Xs the current price (US).  I have not looked to see what the institutional holders such as Fidelity have been doing.  They have a team of researchers who speaking for myself have a lot more information than I do about share price projections.
Comment by jclarke042 on Jun 28, 2022 1:45pm
Another silver lining is no more conferences on the calendar. Let's spend some time trying to actually sell this vs giving the same webinar a thousand times.