Western Copper and Gold Corp T.WRN

The valuation of WRN is remarkably low.

[pavcio]

McEwen Mining's copper asset in Argentina is now valued by the market at 1.2  billion Canadian dollars. The asset is located in a region lacking existing infrastructure at a high latitude 3,000 m above sea level, and carry jurisdiction risk. Notably, there hasn't been a feasibility study conducted yet.

Similarly, Lundin Mining acquired the smaller copper asset Jos Mara in April 2022 (gold was at $1500/ $850 less)  for approximately C$625 million. This asset also is situated in a region with no existing infrastructure and at a very high latitude, and exposed to jurisdiction risk.

The valuation gap between WRN and these assets is staggering.

[dfwrgk]

WRN is clearly suppressed, manipulated and undervalued.  Our day is coming with the new management structure and commodities finally moving into a bull market.  Casino should obviously become a major mining operation before those locations in Argentina.  

[pavcio]

Agree, McEwen Copper: Financings with Stellantis and Nuton (Rio Tinto) were closed in Q4 (DEC 2023), raising ARS $42 billion and $10.0 million, respectively, at a value of US $26.00 per share, implying a market value of US $800 million (1.1 B C$) for McEwen Copper. I finded it disconcerting that WRN distributed shares to Rio Tinto (NOV 2023) without receiving fair, equitable value in return, the

[IvanRo]

Have thought of another possibility based on recent events. Went literally went from just under 1 USD to 1.53 USD today in a short space of time. The volumes to catapult us to this position were not very big considering how tightly held WRN stock is. There is an outside possibility that anyone who wants to take a meaningful stake in WRN is scared off doing so because any concerted effort to build

[EvenSteven27]

I agree, Ivan. Nibbling is in Eight's best interest. Overbuying now would serve them no purpose. Keep it little by little. 

[Sooner]

Casino has $125B of metal at current Au, Ag, Cu, and Mo spot.  Eventually someone will figure that out and realize it --- and most likely whilst RIo is dithering around trying to figure out what to do --- that someone will come and and make an offer to push this along! What are we trading at...like 0.2% of metal valuation at spot and like what...maybe 5% of NPV at spot for Phase 1(which i

[IvanRo]

0.001% (~190k) of our shares traded and we get a 6c upward bounce. Per my original note, if we had serious buyers with deep pockets the SP would rise very quickly.

[EvenSteven27]

Agreed, Ivan. Not just Eight, but others too, will try to build up slowly and remain somewhat unconspicuous. Remaining off the radar is in their interest. I believe there may be a few other parties... not just Eight. The only reason we are detecting Eight is because they are new to the block. Eight usually pops up relatively near to a deal. I suspect there are others out there lying in the shadows

[Sooner]

Steve - i sent an email to Ralph trying to fish for any response. I fully expect no response but thought i'd give it a try anyway...haha. Hello Ralph, As an investor in WRN, I’ve noticed quite a significant amount of shares trading from your firm on Western Copper and Gold.   I was wondering if your firm has initiated coverage on WRN with a buy recommendation and a target price similar

[EvenSteven27]

Good luck, Sooner! I assume Ralph will keep mum. Suspect Ralph has made a site visit by now. Eight Capital appears not to invest without site visits. Would suspect Sandeep had a role to play here, as Eight Capital is highly connected to Osisko. 

[Heywood_Silvers]

Many investors and market watchers have barely come to grips with $1,700 gold, let alone the $2,500 gold we will soon break through.  Call it shell-shock if you will, they always are expecting that the price action of gold will get knocked back down by 40% or more. You will even find some long term WRN investors who hold to the belief that some unrealistically low price of gold will be