Western Copper and Gold Corp T.WRN

Next week

[CopperAndGold14]

The big announcement is coming next week. I expect it will be a big giant yawn. The market certainly has no anticipation of news that will 'move the needle.'

[Diamondboy123]

You sir said the most relevant thing to date. Thereafter it'll fall further. And pine and Steve and metal will somehow find a way too boost. It's their motus operandi.  

[MetalMinded]

I agree with you CG14.  I fully expect an announcement of a "one time extension of the current agreement for 6 months while the parties work on details of what a path forward looks like".  I don't expect any new money or rights, simply an extension of the current agreement for 6 months. Those are just my thoughts though, I have no information to support that.

[Pinegrove1]

They have been working together for a long time. I would hope they would know what the path forward would look like by now. They all knew that the plan was to have this done by end of agreement. Be nice if people just did what they committed to do unless unforseen circumstances came up. Don't recall any. 

[MetalMinded]

Pine, I agree with you in that I believe they should be ready and actually do something.  I just don't believe they will and I don't believe Paul and Team are ready to "kick them to the curb" and not extend the agreement.  RIO wants to kick the can down the road a little more and we aren't gonna block them.  

[Pinegrove1]

You may very well be right. We will know soon enough 

[Marine2]

Next Week ? By Nov 28th ! No one likes my prediction, after 18 yrs I don't care ! Rio with MM backing are negotaiting a bought deal @ $4.00 to $5.00,, bought deal as in right to matck any other bid, and a 2% royalty on copper production ! This would be a lock up deal for Rio buyout,  good timing for them. WRN with a $3 to $4B build,  just starting permitting, up in no man's

[Pinegrove1]

No roads, no hydro, caribou etc. These were all known before Rio even signed the original deal and they went ahead. Paul has often stated that the project DD has results as good as or better than presented to Rio prior to the agreement. I don't know why a path to completion or grid power should be hurdles now. Nothing has changed. If Rio considered it before grid power and they ultimately get

[Marine2]

Thanks Pingrove I agree with everything you stated in your post !    It’s time to sell,, may be worth more next year “”however I'm tired of waiting””  as well.   My point was, many here would like $8 to $10 but under the circumstances / timing this is not going to happen. Timing is right to take the money and run,, better opportunities to make money elsewhere &

[Iluvtech]

I vote my 260K shares for this deal.  Time to sell so I can reinvest in Bitcoin before the halving event.  I'll get my 2x sales price within a year.

[EvenSteven27]

IMHO, if you are into doubling in a year, I would hold out on WRN and stay clear of bitcoin. Bitcoin is high risk. WRN will come to fruition. We have a tangible asset the world needs and we are one of the best in the world. Bitcoin is as ubiqutous as paper money. Wish you luck, though. 

[EvenSteven27]

I think we are dealing with a 5% chance of a sale this year and I like it that way. WRN doesn't want to sell this year. Will not get fair value. Rio doesn't want to buy this year. They want a little more derisking. We will all make much more money 6, 12, 18 months down the road. In the interm, we all get a chance to scoop up cheap shares one more time before the final spike. Paul, if you

[Iluvtech]

:) thanks for the advice.  At some point in the not too distant future  I'll dump much of my crypto and reinvest.  Who knows - maybe it'll be time to buy more wrn or rio :).

[EvenSteven27]

Might be a good idea. I don't know bitcoin well enough. In fact, not at all. I'm a metals guy. Good luck! 

[IvanRo]

Path Forward: IMO the market isn't thinking a deal is coming next week, am inclined to agree (but there is always a very small chance something could happen). WRN has a .92 correlation to Copper and .72 for Gold spot prices, basically copper moves this stock and Copper moved over 3.80 and our SP went down - suggests a few things. I think there will be an extension of the current RIO