Western Copper and Gold Corp T.WRN

Heiko Ihle WRN Current Rating BUY

[pavcio]

21 May 2024

H.C. Wainwright   Heiko Ihle
 

Current Rating        Current Target

BUY                          $5.79

 

[dfwrgk]

Copper exploding  Gold exploding  Silver exploding  New aggressive more qualified CEO No Debt  80 million in cash or whatever  Metals super cycle begins China in recovery-mode Interest rates begin to ease.  HC Wainwright:   Let's lower our target price for  Western Copper and Gold!   Yea sure... suspicious.   

[jclarke042]

I didn't see where it's lower than before. But considering: - CEO comfirns 3 year permitting path, strongly implies we're going solo - Fully diluted share count exploding - CAPEX inflation risk - Permitting risk - Further dilution risk (that 'competitive tension' you're all after) - "Stranded asset" risk Surprised the price target is even that high. 

[Patriarch]

This Clarke fellow sure knows his stuff. 

[pavcio]

Heiko Ihle keep this price unchaned I belive, however, he is widely regarded as a highly optimistic and bullish analyst, especially within the mining and metals sectors. As a Managing Director at H.C. Wainwright & Co., Ihle has consistently provided positive ratings and high price targets for the companies he covers. For the WRN board audience, it is crucial to be aware  that his track

[Patriarch]

He is a pumper just like management and this metal character.  

[MetalMinded]

Thanks for the callout Meathead/DiamondBoy/Patriarch. LMAO at how you are pretending to be a new "helpful" voice here on the board as opposed to the same old FUD spreader under a different name. 

[Patriarch]

No worries mate. 

[rolandcolin]

All three are on my ignored list.  WRN is an attractive investment IMO. Its feasibility study NPV of $2.33B only based on 1/3 of estimated resources as mentioned by Sandeep in last interview.  NPV should be much higher if updated commodity prices were used.  GLTA

[Sooner]

It will be really nice getting someone other than the current 3 analysts covering WRN. I mean does anyone really even look at Cormark, Wainwright and that other analyst recommendations? They have been sooooo wrong for soooo many years now. They are as inaccurate as the local weatherman, or Jerome Powell (transitory inflation), or Biden (take your pick on anything out of his mouth)....