Western Copper and Gold Corp T.WRN

More pounding this week

[Diamondboy123]

There is no light here.  I want in but have no reason to trust that this time is different. We are soooo close to 52 week lows.  Unreal.

[MetalMinded]

Whole market and metals futures are taking a pounding.  

[Diamondboy123]

Is that supposed to make us feel better metal?  If the market thought this thing happens this fall the price would not be where it's at. Period. 

[MetalMinded]

Just a reality.  Market is overall focussed on not losing too much money with Powel's actions.  Not focussed on a Junior mining company that may or may not pay out this fall.  

[Diamondboy123]

Your reality is warped.  The general market has almost nothing to do with a tiny exploration play.  If the sliver of potential investors thought this would happen this fall it would not be at this price. Period. That's reality.  

[MetalMinded]

Sorry, but your expectations of junior mining investing may be warped.  I know it's been a long road.  But remeber many of these FAIL, we are still in the game.  

[MetalMinded]

Take Pebble as an example, while I know it's a different animal.  Positive ACOE report and yet the permit wa denied due to politics.  ACOE isn't supposed to be a political body, but here they are.  Many thought it was a slam dunk when the ACOE report came out and lost their butt on the denial.  Luckily I was in at a very low cost basis and had a stop loss order in to

[Diamondboy123]

Your arguments all support my position that this ain't happening.  Again. I still own shares so believe me I wish and pray your puffery comes true.  But you need to snap out of your 12 year dream and wake up to the constant reality. This mine ain't getting built any time soon and no deal will happen this year .  I wish I were wrong. Believe me. 

[MetalMinded]

Considering I've already doubled my investment value from my average basis through judicious position building since I sold a large portion off on the rise in 2016 (giving me a lot of free shares), I may have a different perspective than many. By the way, doubling your money over 6 years is equivalent to a 12% annualized return rate.  

[GardenManman]

metal, wake up ,reality is that Paul sold shares, other market issue is just noise.

[MetalMinded]

Paul sold shares like he has EVERY single year this time.  If you want to make a big deal out of it, fine, be my guest.  But it isn't a big deal and you saying it is doesn't change it into one.  

[GardenManman]

yeah, every year sold some to accumulate "zero cost" shares. More time, more free shares. So he has no motivation to make it happen quickly.

[MetalMinded]

Yeah, I'm sure your right.  Who in their right mind would want the success in their professional history or the mega payout from the sale of their shares with a likely new position in the mining company?  Better just to sit back and collect a salary as a junior miner.  And I am sure the board just lets it happen.  Do you actually read this stuff to yourself before post it

[Heywood_Silvers]

The general market DESERVES a pounding considering it is the most bloated market in history.  That being said, the undervalued metals are the baby that will get thrown out with the bathwater. We have to get below DOW 10,000 before one can talk about the excess inflation being wrung out of this market.  Hold onto your hats and keep some dry powder!!