Western Copper and Gold Corp T.WRN

Junior M&A

[jclarke042]

Personally, I find RR an insufferable blowhard, but calling it as it is here:

https://www.mining.com/vric-2023-junior-metals-ma-to-remain-constrained-in-2023/

On one hand says Juniors will never sell themselves with the endless salary/options gravy train, while majors are too scared forever to make that big purchase. Then in next says Gee, the industry sure has underinvested in new projects huh?

What a ridiculous sector this is.

[rinagek]

This post has been removed in accordance with Community Policy

[GardenManman]

Aha, RR knows the rule of game.  if they sell it, probably they will lose job, title, stable salary...... if they got huge return on takeover transaction(such as $20/share as some long term dreamer think), of cause they would push the ransaction to happen, but with the level of $3-$6, management cant get huge pay to retire, so they will wait,at least they can get juicy salary,and options

[jclarke042]

But who loses? They all have fall back: Paul - will stay on as President of Casino Mining, surely he'll be taken care of.  Cameron - same Ken - same Tara - CEO of Banyan  Vitton - doesn't need to work anymore Williamson - same And for anyone unfamiliar with the patterns: the annual options grant should be sometime in the next month or two. So when you all wonder What Does This

[GardenManman]

But who knows they will be kept in the casino mining in long term. if takober happen, maybe they will be kept until permiting finish. only ken has some real experience in mining work, he should be kept. other managment has no real enignering experience, they just did paper work. othe BoDs should be removed by Rio, no value.

[MetalMinded]

You don't keep people on only because of experience.  You keep people in because of the relationships they have built with outside parties.  Those relationships are critical to future success.  Nearly the entire Casino team will be kept on after a buyout until at least the mine is permitted and in operation.  

[Marine2]

This is like fishing, are we getting a nibbly, we are in the green !   Market sentiment on the rise ! T:WRN - WESTERN COPPER AND GOLD CORP - https://www.westerncoppercorp.com 11:00:27 EST - Update in 38 seconds Pause Live Quote   Sym-X Bid - Ask Last Chg %Ch