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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

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Post by IvanRo on Mar 15, 2023 7:34pm

BHP

With this potential 44bn litigation liability in the pipeline seriously doubt BHP will be in the market until there is some clarity on the legal position.

Effectively NEM and probably BHP are out. Barrick already out of the running as they are miserly. 

Any thoughts on Agnicon Eagle or Freeport McMRan?

https://www.reuters.com/world/americas/miner-bhp-potentially-faces-44-bln-bill-brazil-dam-case-2023-03-15/
Comment by IvanRo on Mar 15, 2023 7:35pm
Yes, Rio are in but we need competitive tension.
Comment by Heywood_Silvers on Mar 17, 2023 4:46pm
Why would NEM be out?  They are too deeply invested into Coffee at this point to back out.  Did you check the jump in the price of gold today?  That is just a warm-up for what is about to occur. Oh no my friend, NEM is being forced by previous decisions and future direction of the market to be in play for Casino.  It's no secret, we all know this. NEM is the preeminent ...more  
Comment by IvanRo on Mar 17, 2023 7:14pm
Maybe you missed the news, NEM are in talks to merge with Newcrest and as JC pointed out Coffee barely makes a footnote in its annual statements. My view, atleast while merger talks are in flight - they are out and if potential merger goes ahead NEMNEW Co operations integration will take a number of years - they are certainly out.
Comment by Sooner on Mar 18, 2023 10:05am
Stupid question here ---- are there ANY Asian miners that would be interested in Casino. Just curious...I'd imagine Canada gov't would block any Chinese miner from bidding (even if there was one interested and capable). Just curious - again i plead ignorance on the potential listing of options from bidding on our project. 
Comment by Heywood_Silvers on Mar 18, 2023 7:34pm
I see that the NEM merger with Newcrest may be in limbo or not.  If it pans out, sure that may put NEM out of play for a year.  Casino doesn't have to be sold today though.  The longer we sit on our gold the more value we receive from the optionality of gold. In the meantime, Paul and the BoD have to stick to their guns and not entertain any lowball offers whilst the prospect ...more  
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