Western Copper and Gold Corp T.WRN

Good copper stocks surge like a mighty river

[pavcio]

As good copper stocks surge like a mighty river, WRN stands out as an anomaly, unmoved amidst the excitement. While others shine brightly, WRN remains in the shadows, silently witnessing its own stagnation.

Questions linger like stubborn mist: Is WRN merely a relic, a forgotten treasure neglected by those responsible for its management? Despite its resource potential, is it being used merely as a piggy bank for a board and management that have grown complacent?

Each day widens the gap between WRN's potential and its reality, a stark difference between dreams and disappointments. Investors, once hopeful for riches in WRN's fertile lands, now find themselves lost in doubt, as the company remains silent and the market indifferent.

Yet, amid the gloom, whispers of change emerge like fragile butterflies in the wind. Perhaps WRN may awaken from its slumber, shedding complacency to rise anew. The stage is set, with new actors poised for their roles in this unfolding drama of redemption or demise. Let's hear what they have to say today.

[jclarke042]

No news releases apart from raising $. I expect nothing of import to be discussed here, except from what we've been told already. Namely, we're focused on: - Permitting - Getting more eyeballs on Casino via analyst coverage - More "natural buyers" than sellers.  That's it. 

[Sooner]

this guy doing the interview seems like a loose cannon....asking ridiculous questions. "why not mine the core and leave the rest of the dog Sh!t in the ground?"  the interviewer question...not mine

[Marine2]

Sooner Yes I did hear the same thing,,  ".asking ridiculous questions" leave the dog shi$ behind.  Why did Sandeep subject himself to this idiot ? Webinar didn't work could not hear Sandeep, what a waist of time ! M2

[EvenSteven27]

After 20 minutes and internet trouble, will need to talk one on one with Sandeep sometime. very muffled voice after being put on a speaker phone. Still have many questions to ask. Sure Sandeep has answers. weren't getting them here. 

[Sooner]

Sandeep comment that Paul currently in President role but discussion about him moving into consultant role by end of year. you are correct Clark --- nothing much especially since Sandeep lost internet and made the interview very difficult thru speaker phone!

[jclarke042]

Beyond awful interview. Not on Sandeep's part, he's a cool customer. Between the questions, concern trolling regarding the build, continued harping on the most basic aspects of this project, no new investors today. Someone asked whether any of these permits have been issued before. YGBFKM. i'm not sure what Sandeep's detailed strategy is to breathe new life into us, but using

[pavcio]

Excellent grasp of reality jclark042

[pavcio]

I was able to gather a few infomation at the beginning of the WRN management presentation, even though communication was difficult due to unclear audio, making it challenging for listeners to hear the speaker properly. Overall, there was nothing new; it was all the same old narrative. The Sandeep emphasized that WRN's project is a next-decade endeavor, with the mine slated for 2031-32. He

[StandingOwl]

Thank you for the information. So if I am understanding  this right, 2031, 2032 is when actual mining starts, 7 or 8 years away? But not to be confused with a buy out or acquisition. Am I right on this?

[pavcio]

Yes, it apears to be the management assesment (4 years construction) + (3+ years permitting)

[Sooner]

i'm hopeful --- over the next 6-12 months that we get more funds initiatiing coverage on WRN and that leads to much higher share prices!!!! in terms of any other news or catalysts driving share price...i think whomever acquires Coffee might help, progress on permitting, and progress on the other 2P's might help but i'm not optimistic on anything on grid to be honest.

[StandingOwl]

Sooner, next to the last paragraph it was mentioned "ongoing drilling". Now haven't  the results for that  come back by now? I hope they were  not thinking about MORE DRILLING.

[pavcio]

Mitsubishi Materials Corporation matalurgical program.

[StandingOwl]

Sooner. In paragraph 4 he mentions CURRENT FEASIBILITY STUDY. What does that imply? More drilling?

[pavcio]

The term "current" indicates that the study is up-to-date and relevant to the current conditions and circumstances of the project. However the host raised questions about the cost figures, he belive the figures should be 2X highier. I do not agree with that assesment.

[Sooner]

the moderator was an idiot. I'll paraphrase here...but my take on Sandeep's response was....Yeah...we can play that game all day long of capex being off....but i can also be a donkey and tell you Mr John ...that our assumptions are using $3.6 copper and $1700 gold...what's it at today Mr John...and in fact the assumptions in FS used diesel at XYZ...and used steel at ABC ...and used

[pavcio]

I agree Sooner that the conference was disappointing on many levels and a missed opportunity for the new management to communicate coherently with the street. However, John Tumazos is not an idiot. He is a renowned veteran mining analyst from the USA, providing independent research reports and advisory services in various areas including financing deals, mergers and acquisitions, mine services

[Sooner]

never say never...but my understanding from Sandeep is that unless something very specific comes out that we want to investigate ...there is really no more drilling. Remember the last "game changer" that Paul mentioned on the anamoly ...that was nothing. Bottom line - the resource is well known...the core is probably like swiss cheese by now!!!! Many of us have begged...PLEASE STOP

[Heywood_Silvers]

For what it's worth Sooner, they could tweak the FS as the current price of gold is literally off the charts compared to the largest gold price per ounce in the NPV sensitivity analysis graph in the current version of the FS.  Shouldn't be that expensive to update just the NPV tables, at least it would make for a good press release! Best I can estimate blending the copper and gold at

[pavcio]

To clarify, Sandeep mentioned the Mitsubishi metallurgical program and the associated drilling, and you are correct IMO in your assessment regarding the driling at this is stage. It is not essential for achieving our objectives or adding value to the project.. Specifically, they should focus on areas with the best potential return on investment and carefully monitor the treasury.

[pavcio]

To clarify, Sandeep mentioned the Mitsubishi metallurgical program and the associated drilling, and you are correct IMO in your assessment regarding the driling at this is stage. It is not essential for achieving our objectives or adding value to the project.. Specifically, they should focus on areas with the best potential return on investment and carefully monitor the treasury.