Comment by
blueboron99 on Jun 15, 2021 2:43pm
bogfit, My first guess is Copper dropped from $4.50/lb to $4.33/lb and Casino is more influence by global copper price than gold price. If copper price goes up tomorrow so will Casino price. (bb-99)
Comment by
bogfit on Jun 15, 2021 2:51pm
" My first guess is Copper dropped from $4.50/lb to $4.33/lb" You are probably correct however copper is down but only because China talked price down and Wall Street took opportunity to swing trade lower, neither of which has any direct significance to the potential value of the project. Trend not spot is pertinent to non-producers. b.
Comment by
blueboron99 on Jun 15, 2021 3:58pm
That is the main reason for the drop off in share price today copper price down $.16 last 24 hrs, & probably with some assistance from the shortees. Since the copper price began increasing the last year it definitely appears that the WRN share price goes up or down, as per what happens with the global price of copper. I track it daily, and it's just my observation. (bb-99)