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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based mining 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 territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Comment by Heywood_Silverson Jul 02, 2021 4:56pm
140 Views
Post# 33488330

RE:Averaged up today

RE:Averaged up todayMake sure to keep some dry powder.  Most are expecting at least a market hiccup if not a full correction at some point soon.  The general markets are setting new highs daily and this whole thing is about to tip over.

The spillover effects will affect the juniors.  I think we have very strong support at the $1.75 level, but could touch that again in a correction.  Right now if you start taking big chunks you are just fighting the hot money, which hasn't completely left WRN yet.

Increasing your cost basis is always a tough pill to swallow.  I rarely do it, which is why now is a much more dicey environment to be going gangbusters on WRN.  Buying over $2 likely means no 10 baggers anymore.  The time to complete your core position is almost over, if one hasn't been able to, the next market correction is likely our last opportunity.


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