Western Copper and Gold Corp T.WRN

Institutions

[jclarke042]

These road shows still aren't bringing new buyers in.

Last of the 13F's were filed from 9/30:

- 6 new funds, totalling 153,662 shares. I own more.
- 6 closed out, totalling 206,635 shares.

Fidelity buying 600k is nice, but they're already in. The point of these presentations is to tell our story to NEW buyers. Either we're failing to highlight our value prop, OR fund managers hear it and disagree, OR noone cares about development stories.

[Sooner]

or they have no confidence in management direction --- say one thing and do another --- case in point the last raise when like days or weeks before we were told enough cash to get thru permitting - only to do another raise. And now we are told it takes $50M to get thru permitting....that's almost hard to believe considering how much time and money has already been spent.

[MetalMinded]

The direction is obvious and set.  What is in flux is the timeline.  Management has a long history of not meeting deadlines, or holding others to meeting deadlines, and not seeing that as an issue.  Lack of confidence might be flowing from both historically poor communications and historically poor performance in meeting deadlines.  

[EvenSteven27]

I do have some powder set aside, but I'm doing nothing. Not buying. Not selling. Just sitting with what I've got. This is definitely in the top 5 up and coming gold and copper projects in the world. But it's also a schizophrenic stock that periodically  defies logic. Sit tight and just wait til it pulls a loo loo. It's so unpredictable.

[Northern28]

Typically approximately 50% of shares traded daily are short sellers. 

[Northern28]

I take solice in the NPV and IRR, current copper and gold prices and the Rio deal. I'd love to see a higher SP, but count on selling the asset as my payday, not the messed up market. I'll just keep adding. 

[Northern28]

And I'm good with Sooner's $6.00 US per share but I'm hopeful we do better than that!

[nmpappy78]

Sooner's $6 per share predicition means that WRN will sell for less than 1% of the value of the minerals.  That will be very disappointing to me, but since I bought many of my shares at 20 cents, I will still do well.