Post by
bogfit on Mar 06, 2024 4:42pm
I have almost completed my initial DD on WRN
and the tripling of my position today speaks louder than words. One thing that would be of great help is an explanation of the Rio issue. I know it could be ferreted out on the company’s web site, but would take time, and I wouldn’t benefit from the board’s insight.
b.
Comment by
bogfit on Mar 07, 2024 12:34pm
Thanks, that makes sense. Does the option limit what Western can do going forward? b.
Comment by
B4rryLyndon on Mar 07, 2024 1:09pm
Does not restrict WRN in any way, at least to my knowledge.
Comment by
bogfit on Mar 07, 2024 7:29pm
Thanks, so it isn't really an issue then. I had read some criticism on this board about the option but didn't understand the remarks. Is this right? Fully Diluted shares 172,051,947 times $1.42 = around a quarter billion? That seems high for a bare ground camp.(?) b.
Comment by
MetalMinded on Mar 07, 2024 7:48pm
If you have done any due diligence on this at all by reading the latest presentations, you'd see what the NPV is and the value of the metal in the ground.
Comment by
CopperAndGold14 on Mar 07, 2024 9:02pm
Please read the company's Feasibility Report from March, 2023 before you ask more questions. It's clear you don't have a basic grasp of the geology, resource, or engineering of the Casino mine. I think lots of your questions will be answered in there, and you'll have a much better idea of the possible value of the mine.
Comment by
Sooner on Mar 07, 2024 9:34pm
you meathead meth smoking monkey worshipper....you forgot to say it's just Moose Pasture. We all know it's you meathead666.....