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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 > Next Steps regarding Rio ?
View:
Post by Marine2 on Aug 19, 2023 12:52pm

Next Steps regarding Rio ?

Has anyone seen a NR on next steps with Rio ?

Last time we heard anything from Paul he mentioned talking to Rio on next steps,, that was a while ago ? It is now Aug 19th,, 

Must be lots of talking ?

M2
Comment by Marine2 on Aug 19, 2023 4:46pm
WESTERN COPPER AND GOLD ANNOUNCES EXERCISE OF PARTICIPATION RIGHT IN FULL BY RIO TINTO Apr 11, 2023    VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces that, in connection with the strategic investment by Mitsubishi Materials Corporation (“Mitsubishi Materials”) announced on March 24, 2023, Rio Tinto Canada ...more  
Comment by jclarke042 on Aug 19, 2023 6:58pm
Expecting a short conversation: Rio: We'll pay X Paul: We want Y Rio: Ok, we'll just buy the board seat.
Comment by Marine2 on Aug 20, 2023 7:32pm
Thanks jciarke You are the only one to make a comment on what may be going on "the last 2 month's" regarding Paul and Rio's, next steps ! "Expecting a short conversation: Rio: We'll pay X Paul: We want Y Rio: Ok, we'll just buy the board seat." I say,, lets hope it's a bought deal, get it over with ! M2
Comment by Heywood_Silvers on Aug 20, 2023 9:18pm
RIO or any other company is free to go into the open market and buy 50% of the shares.  At that point, they can dictate any buyout negotiations on their terms.  Of course, doing so, would raise the share price to the double digits buyout target I have been calling for. If I am Paul, that is exactly what I tell suitors who want to lowball.  Time is on our side, the future will ...more  
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