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Bullboard - Stock Discussion Forum Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

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... see more

TSX:WRN - Post Discussion

Western Copper and Gold Corp > We are down 19 percent from the high of last week
View:
Post by Diamondboy123 on Apr 22, 2022 11:47pm

We are down 19 percent from the high of last week

It now needs to go up 24 percent from here to recapture that position. My fear is the slide will continue like the dip from 3.35 to 1.70. Let's see next week.
Comment by Moneymann on Apr 22, 2022 11:58pm
Thank you I take that DB
Comment by GardenManman on Apr 23, 2022 12:39am
from 3.35 to 1.7, the main reason is: they need the lower SP for last bunch options for management. Of course, if Fed continue to heavily Puch the market and have no internd to stop, lower price is possible.
Comment by jclarke042 on Apr 23, 2022 7:12am
Get outta here with that. I refuse to believe "they" lowered the price so as to grant themselves cheaper options. How does that go? "Hey BMO? Paul here. Yeah we need to issue options next month, can you start selling? Yeah, somewhere sub 2 would be ideal. Great, thanks." Come on. Last month someone wanted in at any price. Now between overhang on the chart, copper down 6% in ...more  
Comment by GardenManman on Apr 23, 2022 7:21am
JC, just my guess, no evidence, skip it.
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