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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 > Something good could come out of lower VALUES !
View:
Post by Marine2 on Jan 16, 2024 7:43pm

Something good could come out of lower VALUES !

Finally starting to sink in,,  the 18 mo extention with Rio has come home to roost !  Market will sell this down to below $1.00 creating a new buying opportunity ??

This lower valuation may start some someone looking at taking WRN out @ $2.50 to $3.00 CD ?

Something good could come out of this so we can move on .




T:WRN - WESTERN COPPER AND GOLD CORPORATION J - https://www.westerncoppercorp.com
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
WRN - T   3.8 1.59 · 1.70 0.2 1.62 -0.08 -4.7 239.1 377 391 1.73  1.73  1.59 2.66  1.59 15:59:59 Jan 15 15 min RT 2¢
TSX - T 3.8 1.59 · 1.70 0.2 1.63 -0.07 -4.1 143.4 232 157 1.73  1.73  1.59 2.66  1.59 15:59:41   15 min

M2
Comment by Marine2 on Jan 17, 2024 7:28pm
Finally starting to sink in,,  the 18 mo extention with Rio has come home to roost !  Dead money ! Lets hope someone comes in and takes us out, that's what I am counting on. I would rather take $2.50 to $3.00 CD then wait 18 mo, then another 18mo ! T:WRN - WESTERN COPPER AND GOLD CORPORATION J - https://www.westerncoppercorp.com 19:12:32 EST  ...more  
Comment by Heywood_Silvers on Jan 17, 2024 7:45pm
Marine, although your hypothetical $3 CD might have a sliver of a chance if only the retail shareholders were allowed to vote on a proposal, it will never see the light of day as the gate keepers for the company will reject any lowball offers. Speaking of retail, even they should insist on the 2021 highs ($2.83 USD) grossed up for 3 years worth of inflation or about $3.75 USD, which is $5 CAD ...more  
Comment by Marine2 on Jan 18, 2024 8:11am
Heywood I respect you view when you say, "You are at a minimum 40% below what could even be considered a semi-legitimate "kicking the tires" offer." My top $3.00 CD is with a view (I know you don't share) Rio, though not by % numbers, has control over WRN. This is a big negative hanging over WRN and is being reflected in the market. So I am hoping these low valuations ...more  
Comment by Heywood_Silvers on Jan 18, 2024 6:33pm
Hi Marine, I'll give you that one could interpret the situation as RIO having some "form of control" to a certain extent.  Clearly, WRN is not totally virgin territory to any of the majors as we have two with minor positions now.  But, that is the key word:  minor (i. e. less than 10%).  At any moment RIO could up their stake or so could any other major via open ...more  
Comment by LZG1220 on Jan 19, 2024 10:30am
Bear with meafter 100years, the game must be end! 
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