Western Copper and Gold Corp T.WRN

1.59 Canadian.

[Diamondboy123]

This thing may go below a dollar us soon. Unbelievable.

[GardenManman]

back to the level of July, 2020. That means: 2 years, all new WRN investment position get capital loss , patience is final excuse, Paul, vitton, if you guys can't bring the deal or something, buy back with your own money now to avoid feeling shame.

[GardenManman]

for institute holders, don't overthink, such as Golden sach, some holding just for their clients,it has nothing to do with Golden sach.

[MetalMinded]

It's just the hot money with short timelines and immediate rewards, or short seller, that are selling.  At least that's my opinion with these low volumes.  Reminds me of the days when I was building my position and I had to be careful how many shares and how often I bought to try to avoid price reactions to my volume. 

[GardenManman]

I wouldn't sell unless they fail again in November or Nasdaq offer opportunity.

[Diamondboy123]

That position metal only bears weight for so long.  You've been saying that along with others since it began falling in the mid 2 dollar range to 1.57 today.  Will you say the same at 1.5, 1.4 under a dollar? At some point you come to the conclusion that th3 deal ain't happening.  Just like circa 2010 and 2011.  Looks really really similar.  

[GardenManman]

Newmont crashed with -13%, major has big pressure, all gold mine dropped, so Junior get punched.

[MetalMinded]

Yes, I will say it.  RIO and any other interested parties (and there are some) are not paying much attention to the share price. They also aren't talking yet about any plans they have.  Got money will be RIGHT back in as soon as there is any hint at all of some deal.  Until then, they are like Garden feels with with wanting to out their money in something more immediately

[Diamondboy123]

I've bought for over 12 years.   I've bought over 100 k at times. I never moved this equity more than 5 cents in a day never mind a trade.  Wrongo   Metal . Sorry Clarke.  Respect to your pops.  

[Sooner]

Db - many of us are in same boat as you....I'll admit it...I'm under water with WRN ....at the same time it could turn quickly. I'm holding for the next 2 years or however long it takes to get a reasonable return. I suppose it could go down to $0.5 usd a share ...but I'm banking on the fed folding and metals to take off again at some point.   

[Heywood_Silvers]

Sooner, many of us junior-oriented investors are underwater on at least a few issuers here or there. My advice with the juniors is try not to chase them when they are getting too hot.  Yes, I understand that even at $2 we are looking at a 50% discount from the highs, but if you were acquiring when the price was well under a dollar you were really hurting your average cost basis anytime you

[EvenSteven27]

Heywood, I concur. I'm holding back investing anymore until it drops under a $1. I have freed up and put powder in my account for if and when that happens. If it doesn't, still all is well.

[Moneymann]

[MetalMinded]

If that were true, then you'd recall the times when volumes were 80K a day or less.  Buying 10K in one fell swoop moves the price. Maybe you haven't been as "involved" as you portend to be?

[GardenManman]

Db, moneyman's strategy is better, trade it instead of waiting, trading means that you can do some control to your portfolio Instead of put expectations o unqualified management or volatile commodity maket.