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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 > has the permiting been delayed?
View:
Post by BugTSWY on Mar 02, 2023 6:10pm

has the permiting been delayed?

I haven't seen except on this forum: has the permiting been delayed to next year?
Comment by Heywood_Silvers on Mar 02, 2023 9:26pm
If the permitting has been delayed, it more or less takes WRN out of potential harm's way.  The majors are smelling blood and acting like sharks picking off the juniors one by one for pennies on the dollar. Maybe this buys us the time we need to wait for sunnier days and possibly pick up some cheap shares whilst we wait!
Comment by CopperAndGold14 on Mar 02, 2023 10:37pm
Forcing through permitting right now is not good for shareholders. Paul has said that RIO is pleased with the permit applications as they are now, so that means if RIO wants to build and operate the mine, it's all good.  But that acts like an ace in RIO's sleeve, because they know that any other major will want to influence and possibly change the mine/tailings/etc design to fit their ...more  
Comment by jclarke042 on Mar 03, 2023 7:59am
Exactly right, CAG14. Not to mention, it's a non-starter for another major to try & outbid Rio, whose market cap is ***checks notes*** $120b as of right now.  I'm with you on this. I'd only be theoretically OK with going through permitting alone if they could guarantee no additional raises. Of course, they can't. So it would not only be cheap shares, but newly issued ...more  
Comment by Sooner on Mar 03, 2023 9:00am
No one will outbid Rio if they really want casino at all costs for sure. I wonder though if that's the case. I mean they really might want casino for $2.5 usd share...but do they really want it for $4 a share???? I mean I wouldn't say no one else would even get into the auction just because Rio involved...at least that's what I hope! if no one else interested and Rio bids $3....then ...more  
Comment by MetalMinded on Mar 03, 2023 7:17am
The only one posting it as certainty is a short seller who will spin anything negative hoping to cause fear amongst shareholders.  
Comment by B4rryLyndon on Mar 05, 2023 11:17am
If I have understood it correctly it has most definitly not been delayed untill next year. What happened was various environmental groups and FN's have requested an extensions to hand in comments about the Casino project. It has been delayed untill 19th of april 2023. I will post a link to YESAB website about Casino project. If you go to Extension request YSSC and then press the first pdf you ...more  
Comment by Caper18 on Mar 05, 2023 12:06pm
The permiting time line has not been delayed. The dead line for submissions regarding the ESE guidlines has been moved ahead to April 19. The EC than has 30 days to publish  CMC's guildlines to begin permiting.  
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