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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 > Back below initial Rio invest
View:
Post by Sooner on Aug 03, 2023 5:16am

Back below initial Rio invest

Currently trading 7% below initial Rio investment price $2.17....26 months later!

how many would have thought that possible?
hey Dale...you see that....26 months and counting!!!!

3 more months until Nov. ...then what will we get? Probably nada.nothing.zip.

man this sure is a painful movie to watch....
global macro events outside our control.all in this space have same issue...I get it ..still doesn't help!
Comment by gratvalyou on Aug 03, 2023 8:23am
November will probably bring another 5% Intrest to Rio. They will slowly consume and feed off the host like a parasitc lamprey.This is what they do. All the time us long term holders get diluted and inflated away. "Care and Maintenace" till an offer is tendered.Stop the paid for promos, everyone knows we"re out there and what we have. Stop the gravy train to the board gettin cranky! ...more  
Comment by jclarke042 on Aug 03, 2023 8:29am
Grat - IMO, yes. All we're getting in November is Rio's taking the board seat.  Who's in the "catbird" seat again?
Comment by Heywood_Silvers on Aug 03, 2023 12:32pm
You do realize that it would require the shareholders to approve any outside entity (i.e. RIO) obtaining "control person" ownership levels of 20% or greater. Trust me, we will not allow slow creep to morph into backdoor acquisition via this method.  Once any entity breaches that 20% level, they are no longer an arm's length, independent party you can do honest business with, at ...more  
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