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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 > I’m out. Mainly.
View:
Post by Diamondboy123 on Feb 02, 2021 6:13pm

I’m out. Mainly.

Don't like the release.  First off it's not full disclosure.  It's a summary.  Now we know why they didn't release earlier like last time.  Been selling. Got some left but not near what I had before. I sincerely hope whichever of u have shares do well here but I'm moving on more or less. Regards to all.
Comment by metalhead666 on Feb 02, 2021 6:31pm
There's a whole PDF detailing every hole....how's that not full disclosure?
Comment by EvenSteven27 on Feb 02, 2021 8:25pm
I'm holding tight. Yes, admittedly, these results were dismal, but we still are the largest potential mine in all the world. We did not need to drill. I would suggest WRN pull back on anymore drilling unless they really believe they are onto something. I will not buy at the current price, but neither will sell. Have some powder kicking around and will use it if drops as low as my LUCKY signal, ...more  
Comment by jclarke042 on Feb 02, 2021 8:48pm
  This right here. We've shown higher grade, near surface gold for the starter. Stick to that plan, update the economics and out a price tag on it. Enough is enough with the drilling. I get we "should" want them to drill ANA, but we were fine without it, IMO.
Comment by jclarke042 on Feb 02, 2021 8:51pm
I'm sure this Crux interview will be interesting. Looking forward to seeing the same old mealy mouthed Paul, hemming & hawing and generally not giving straight answers.
Comment by GardenManman on Feb 02, 2021 9:07pm
so sad, 7 months wasted, I am confused and curious: how could they sell the 28M shares to president list? With what?
Comment by Diamondboy123 on Feb 02, 2021 9:56pm
Exactly.  That is why average volume lately is combined us cda almost a million a day.  Their bailing just like me.  I've sold a bit more than 75 percent of my holdings thank goodness. This will go down below a dollar by summer or sooner. Western has been diluted and believe you me , with the salaries they have the recent raise will dwindle quickly.  Be careful all.  
Comment by Diamondboy123 on Feb 02, 2021 9:59pm
Market Date Short Volume Total Volume Short Volume Ratio 2021-02-02 104,667 430,000 24.34 2021-02-01 226,593 776,000 29.20 2021-01-29 101,064 478,200 21.13 2021-01-28 124,085 316,500 39.21 2021-01-27  ...more  
Comment by Heywood_Silvers on Feb 02, 2021 10:17pm
Huh?  Whomever was selling you that Casino was a high-grade project sold you a false bill of goods.  Yes, I know many of us were hoping for some sweet, high-grade hits to put a cherry on top of this project.  But, let's remember exactly what this project is and why it appeals to the majors: Large size, safe jurisdiction, tons of potential upside/exploration.  These type of ...more  
Comment by Pinegrove1 on Feb 02, 2021 10:36pm
Agreed. Short memories here. Last summer showed a 106 percent increase in resource. This is large enough to start a new PEA rather than updating old FS as this fundamental improvement in the resource was a game changer. 2020 results better define 2019's results. I'm holding to see results of PEA as gold and copper prices will continue to rise into the summer. As stated, not a home run on ...more  
Comment by cb2task on Feb 02, 2021 11:31pm
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Comment by LZG1220 on Feb 03, 2021 12:02am
What ever they did.  when they can make the share price rise After next 10year or 100year No matter how successful the project is, if the stock price does not rise, it has nothing to do with us It’s not smart to wait 20 years for 1 become 10.  And the most frustrating thing is that they don't care about communicating with shareholders at all!  In other words, they don ...more  
Comment by cb2task on Feb 03, 2021 12:10am
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Comment by LZG1220 on Feb 03, 2021 12:16am
Four years have passed, how much has the stock price changed?  Wasn't hope in sight four years ago?  
Comment by cb2task on Feb 03, 2021 12:41am
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Comment by cb2task on Feb 03, 2021 12:48am
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Comment by cb2task on Feb 03, 2021 1:00am
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Comment by EvenSteven27 on Feb 03, 2021 12:16am
They don't care about communicating? They don't know how to communicate effectively? Paul tends to resort to verbal flagellation when he is pressed against a wall sometimes with something he has trouble explaining. Loses some of the flies in the night...suggest they fill the IR role with somebody who can do that effectively...or then again, maybe you are right, non-HNV investors are not a ...more  
Comment by cb2task on Feb 03, 2021 12:38am
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Comment by Sooner on Feb 03, 2021 8:15am
$1 to $10 in 20 years time is about 13% return per year....the S&P return over prior 20 years is about 6%. Longer term is about 11%. I understand we should expect higher...but $1 to $10 isn't necessarily horrible! 
Comment by EvenSteven27 on Feb 03, 2021 12:04am
I hear you, CB. But unless somebody gets the bigger picture, they may get discouraged by these one off comparatively bad results. If so, there may be a temporary price drop in the short term. If this happens, I'll take advantage of it then. To confess, I am a little disappointed. I anticipated better results. Paul needs to articulate things a little more clearly at times. Still, believe this ...more  
Comment by cb2task on Feb 03, 2021 12:13am
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Comment by cb2task on Feb 03, 2021 1:36am
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