Western Copper and Gold Corp T.WRN

Too far too fast

[Sooner]

As dB would say...I've seen this movie before. Concerned this blow off copper price cannot be sustained and one day soon we are going to come crashing down to reality. Man I hope we get some buyout soon before that happens and these prices can at least be sustained for 6-12 months. Got a feeling things going to crash soon! Can build but 2 US homes today for same $ value as 10 homes a year ago based upon lumber prices. Unsustainable......

[Diamondboy123]

Your soooo right sooner. 

[PistolTuco]

the world has changed - Cu heading over $10 p - $20k p/t - the demand will be like niagra falls going through a garden hose - 

[metalhead666]

The inflation genie is now out of the bottle.  The average person is going to have to choose between stocks and food soon.  The  "market" is a farce just like crypto, robinhood, spacs etc etc etc....when it crashes everything is going to crash with it....I've banked all my copper profits and hedged my other small positions....bubbles pop.

[MetalMinded]

Unsustainable, yes.  But sustainable for a period of time, likely.  There is a lot of euphoria in the market and a lot of people who are buying even at these high prices just because they are afriad it will only go higher.  For a couple of years, they are likely right.  

[cb2task]

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[cb2task]

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[cb2task]

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[Heywood_Silvers]

Yes, you are probably the only one buying right now.  I had some bids awhile back at $1.25 USD that never filled and then it took off like a rocket ship.  It will retrace, especially if we get the market crash that many are talking about. Many will grab more shares if we get anywhere near $1.25 again. That being said, if we break $5/lb. copper as we look close to doing, this could

[cb2task]

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[metalhead666]

Too much market risk right now.  I banked my trade gains again and will consider laying on a bet mid June. If the market dumps WRN will dump right along with it.

[cb2task]

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[metalhead666]

No doubt but between now and the PEA update the stock is at risk IMHO. So I'll wait until mid June before anymore betting. 

[cb2task]

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[Heywood_Silvers]

Dollar cost averaging is a tried & true methodolgy in which to purchase your shares.  Truth be told, anything under $10 will yield you a gain in the end. I just get less greedy when buying substantially above my average basis.  Still feel like there will be that one final last great buying opportunity in the next few months.  Just like last year, it won't last long though.

[Sooner]

today was a healthy day - you will be happy for healthy breathers along the way to avoid a melt up that CANNOT be sustained. Slow and steady is much much better than fast and furious .....

[Diamondboy123]

Sooner my bids caught at 2.07,  2.06, 2.05, 2.04 and 2.01.  Sold zero.  That's not slow and steady. That's no buyers and lots of sellers. No conviction. 

[MetalMinded]

Agreed Sooner!  Hope you are feeling better.