Seeking Alpha Author Says Western Copper and Gold is ‘An Excellent Choice for Entering a Long Position’

Seeking Alpha contributor Swing Town pegged Western Copper and Gold (TSX:WRN) as “an excellent choice for entering a long position.” The author argued that Western Copper is poised to come on stream as copper supply begins to shift into deficit, and outlined some of the strategies the company will employ to bring its Casino project online as a low-cost producer.

As quoted in the publication, highlights included:

• It is widely debated that starting in 2016 and going forward the global market faces a shortage of the soft clean metal copper.
• WRN’s world class copper, gold, molybdenum porphyry Casino mine has mineral reserve of 1.12 billion tonnes and will yield a 1.83 billion NPV and 20.1% IRR.
• WRN’s astutely managed Casino Mine has all the right alpha ingredients in its business plan to deliver copper into a market ripe with demand as copper supply diminishes.
• The Casino mine strategy identifies WRN as an excellent choice for entering a long position.
• The Canadian exploration and development company Western Copper And Gold is my favorite dark horse contrarian that everyone knows but few understand.

The contributor also provided some concluding thoughts:

In conclusion I’ll describe my personal sentiment regarding my contrarian view of a future copper bear that will never get out of the cave and the undervalued WRN Stock bull that will rage over the next decade. When I first started researching Western Copper and Gold there was something innate to the project that gave me a sense of confidence in a positive outcome. Upon researching the company and writing this article based on my findings, the reasons beneath that inner sense have clarified.

One can’t read very many articles about the exploration and mining of literally anything being dug up out of the ground without reading about a company from Canada. Canadians are beyond question, prolific developers of natural resources and that fact is well documented and indisputable. The more I think about Casino copper mine situated in Yukon Canada, the backyard of such a resourceful people so diligently engaged in development of earth’s resources, the more I view this as a done deal.

In the far north country of Yukon, where a strong people inhabit a strong land of settled foundations with peaceful tethers holding them to the land, it is inconceivable to me a resource of this magnitude and concentration would not be developed to the mutual benefit of all.

In closing I give credence to the Western Copper and Gold Company for the kind concern they show the First Nations and other inhabitants of the Yukon area near Casino. While some companies talk about clean energy resources, Western Copper and Gold are showing commitment to it by insisting on a full LNG fleet and power plant with potential to continue helping local people after the mines ~ 28 year lifetime.

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