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Bullboard - Stock Discussion Forum Western Copper and Gold Corp WRN


Primary Symbol: T.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 > Reminder of ANTI DILUTION RIGHT ! Control !
View:
Post by Marine2 on Mar 25, 2024 3:03pm

Reminder of ANTI DILUTION RIGHT ! Control !

This just shows the kind of head lock Rio has on WRN.

 

"WESTERN COPPER AND GOLD ANNOUNCES RIO TINTO EXERCISE OF THEIR ANTI DILUTION RIGHT"

 

Rio has a cheap option/head lock on WRN,,, Rio has just remined the market of this.  Something has to be done to force Rio's hand !IMO

 

Even a low ball take out offer to get things started, if not Rio has us under control !

 


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   0.8 1.99 · 2.00 3.2 1.99 -0.06 -2.9 52.3 103 120 2.05  2.06  1.985 2.66  1.27 14:50:50 10:02 realtime
TSX - T 0.8 1.99 · 2.00 3.2 1.99 -0.06 -2.9 31.5 62 48 2.05  2.05  1.985 2.66  1.27 14:50:50

M2
Comment by Heywood_Silvers on Mar 25, 2024 6:14pm
It's only 239k shares.  Some of the retail shareholders posting here proabably have more than that by themselves.  Merely a sign that RIO intends to keep their seat at the table.  No need to look any deeper into the press release.
Comment by Marine2 on Mar 25, 2024 7:15pm
Heywood   That's your opine    ""No need to look any deeper into the press release.""   Market down a instant 3% and who knows how much tomorrow. Market reminded of the strangle hold Rio has on WRN. If this wasn't the case WRN would be trading much higher. IMO   M2
Comment by Heywood_Silvers on Mar 25, 2024 10:22pm
You believe if the press release was RIO declines option to maintain ownership % the market would take that as a good sign? Remember, when most of us investors are on the sidelines, who is running the sanitoium?  That's right, the day traders.  I trust the day-traders for investment insight like I trust MSNBC or CNN for journalism.. I would just ignore the noise and add to your ...more  
Comment by Pinegrove1 on Mar 25, 2024 10:49pm
Well said!!  
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