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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 ValueHawkon Mar 21, 2024 1:25pm
125 Views
Post# 35945389

RE:RE:RE:RE:Not unusual

RE:RE:RE:RE:Not unusualFintel has the current short interest ratio, days covered at 2.81 on the US side, and 6.12 on the Canadian side (heavily shorted). This is probably why every time good news comes out, the stock has had parabolic rise, followed by steady decline for months. Essentially, the shorts are getting short-squeezed almost to death, but there aren't enough sustained demand/frequency of trades so they end up getting their way everytime. 

Just my take as a novice investor.
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