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wish i had picked this one instead of WRN

Pennies On The Dollar
Western Copper’s Yukon Gold-Copper Project is Seriously Undervalued
By Kevin Michael Grace and Ted Niles

Western Copper and Gold’s TSX:WRN Yukon Casino project has the goods: proven and probable resources of 4.5 billion pounds copper, 8.3 million ounces gold, 60.6 million ounces silver and 494 million pounds molybdenum. But Western has a problem. “It’s the market,” says President/COO Paul West-Sells. “If you think about it, were trading at one-tenth of the value of our asset.”

Acquired by Western in 2006, Casino comprises 13,124 hectares located 380 kilometres northwest of Whitehorse and 560 kilometres northwest of Skagway, Alaska. It is, West-Sells says, “a very, very large porphyry deposit: 2.7 billion tonnes of ore. Interestingly, it is a weathered porphyry, so it has a supergene in the cap and a hypergene in the delineation. So this is different than deposits you see in British Columbia and a bit more similar to what you see in Arizona and Chile.”

Read more of this article on undervalued gold and copper. http://resourceclips.com/2012/05/22/pennies-on-the-dollar/

!7 grams per ton is a great grade of gold, and by early june the results come back for the the new drills kam is heading in the right direction its time to just sit back and watch just how high the s/p reaches

Ah, the PR adds some more information to a suspecting investor. Glad to see they have started drilling, although I still want to see results! haha

yea those are questions I want the answer to also haha.

And you are right about silver, it is going up faster in %'s then gold ever can. I think silver can reach over $60 an ounce by year's end.

I do not have a position in this company as of yet, not enough information for me to dive in.

How fast can that gold make it to the market and the cost of getting it out of the ground also.

I believe we are headed higher for gold prices but silver seems to have higher potential from what I have heard.

Will be watching this. Good luck.

imo
jimmy

Well I only have a little bit more, kinda through that up in a hurry. I've been doing alot of DD on this company. One of their drill zones has a sampling of about 17grams/ton of gold which is decent. Especially since gold is over $1400 an ounce.

Mike, any DD that supports? Besides whats in the box?

tia
jimmy

New Board! Upcoming gold discoveries. Just figured it needed a place for some shareholders to get together and talk about the company. Also spread the word about the huge income they are about to discover.