RE:Why is WRN up ?I had lost money on WRN in prior years. I bought back in on Nov 21,2015 - but on a small scale.
I am up like crazy, but I have no idea why. I don't see anyone willing to spend the billions to build this mine anytime soon.
So, either it is way overpriced currently, or there is someone with deep pockets waiting to buy WRN.
I would not trust the stock price to tell you a thing, these juniors have crazy irrational swings.
Personally, I would sell at this price if you have a lot invested in it. But before you do, wait and see if any other posters strongly disagree with me.