SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy
Western Copper Holdings - WTC.T
An SI Board Since March 2002
Posts SubjectMarks Bans Symbol
754 25 0 WTC.TO
Emcee:  TheBusDriver Type:  Unmoderated
Shares out: approximately 27M
Cash on hand: approximately 2.5M $CDN
Website: westerncopper.com
Current share price:$1.09 CND

This Canadian company is well know in the industry mostly due to it’s discovery of the San Nicholas property. San Nicholas is a Mexican property where mining rules are favourable. It is part of a larger Project called El Salvador. El Salvador covers 225 sq. kilometres and infrastructure is in place in the area.

San Nicholas contains 75M tons and grades at 1.4% Copper, 2.1% zinc, 28g/t silver, 0.5 g/t gold. A little bit for everyone! WTC holds 26% of this property with partner Tech Cominco.

However the real speculation for investors in WTC is it’s wholly owned Penasquito property. The company completed a PP in February for 1.8M CDN$ through a combination of shares and warrants. Each share carried ½ warrant to be exercised in two years at a price of .80c and $1.00 ($C). They are in the money now.

The Penasquito property is again a Mexico property. No resource has been defined to date! It is a speculation!

A 18 hole drill program will begin soon on the property. There have been previous drill programs in the area and based on these previous programs it can be estimated that there is a potential for as much as 100 M tons averaging 100g/ton silver, 1% lead, 1.8% zinc and .5g/t gold. Again, something for everyone.

Penasquito has the potential to hold as much as 300M ozs silver, 2M oz gold, and more than 2M tons of zinc. This makes WTC an excellent speculation in the junior resource sector.

All comments are welcome. Please keep it civil. We want to know the pros and cons of this speculation. Your personal agenda’s are not welcome here. Let’s keep to the subject of WTC!

Disclaimer: I own this stock.

This introduction was developed with information and assistance of:

ormetal.com
mininginsights.com

Both newsletters I enjoy and recommend.

Sooo….who is first?
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
754Interesting history: westerncopperandgold.com 1984 - Western Copper Holdings LtJohn Sladek-5/29/2021
753Western Silver Discovers New Mineralized Zone at Penasquito Monday January 26, 2John Sladek-1/26/2004
752Rather interesting chart to say the least Thanksjrhana-9/9/2003
751I t seems like with base metals most of us will be shooting in the dark Thankjrhana-9/9/2003
750Is this site any use? (scroll to the bottom) miningnews.netdara-9/9/2003
749Cu is the easy one to find. This gives 15 min delayed (PST) quotes on most NortTrueScouse-9/9/2003
748jrhana, WTC.TO "took off" once in 1998 and again in early 2002. biJohn Sladek-9/9/2003
747Do you have a good link for base metal quotes such as ZN CU NI etc? I don'tjrhana-9/9/2003
746jr: Fascinating PR on Monday... The "discovery hole" at the Penasco zTrueScouse-9/9/2003
745WTZ may be set for take off now that they also have gold Message 19171245jrhana-9/9/2003
7448-Sep-2003: Western Silver Extends Gold Zone at Penasquito Outcrop Breccia PresJohn Sladek-9/8/2003
743I finally did buy some shares, although I had an opportunity to get in at much lDan P-6/22/2003
742I don't know about news, but WTC gained over 10% yesterday on volume not seePaul-D-6/17/2003
741After falling for the last month, WTC seems to be perking up a little over the lPhilip Nolan-6/6/2003
740NEWS! biz.yahoo.comPaul-D-5/15/2003
739biz.yahoo.comPaul-D-4/24/2003
738If you go to the WTC.TO quote, it links to this board, but the WTZ quote does noJohn Sladek-4/10/2003
737Wayne: Sorry. Wish you well. Little joeLittle Joe-4/9/2003
736In the middle of a transfer back to the US. No very pleased with my company righTheBusDriver-4/9/2003
735Of-course they have not responded, so either we live with what we have or start TheBusDriver-4/9/2003
734Wayne: Where have you been? I missed you. Little joeLittle Joe-4/4/2003
733Wayne, Thanks! Regards, John SladekJohn Sladek-4/4/2003
732Hi Wayne. Welcome back. Tomloantech-4/4/2003
731I cannot change the title of the thread. I will email SI and see if they will doTheBusDriver-4/4/2003
730Wayne, I think that we need to get the thread retitled! Western Copper HoldingsJohn Sladek-4/3/2003
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):