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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Metals & Mining Industrial Metals & Minerals
Western Copper and Gold Corporation is a Canada-based exploration stage company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Western Copper and Gold Corp
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Comment by member321on Feb 28, 2011 9:56pm
447 Views
Post# 18209340

RE: 3.50 AND ACTUALLY UP ON THE DAY

RE: 3.50 AND ACTUALLY UP ON THE DAYGo figure.  On a day when there is a bad news release the share price ends up
.25 (7.16%).

The share price fell in response to the bad news but later in the day recovered forcefully. 

It is apparent some people were prepared to take advantage of the bad news and gather up shares at a reduced price.

Who would that be?

-  Long term investors banking on Casino primarily?
-  Speculators or insiders buying for a buy out?
-  Shorters seeing an opportunity to cover on weakness?






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