This article is meant to provide an update on Western Copper and Gold (NYSEMKT:WRN) which is planning to develop its gigantic Casino gold-copper project in Canada's Yukon Territory. Even though the initial capital expenditures sound astronomically high, I do believe there's a reasonable chance this project will eventually built and I will also explain why the buyout of Lumina Copper (OTC:LCPRF) could be important for Western Copper as well.
(click to enlarge)
Source: company presentation
There's decent liquidity on the US exchange where the company is listed on the NYSEMKT, but if this would be insufficient, there's slightly more liquidity on the Toronto Stock Exchange where the company is also listed on the main board...
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