Western Copper and Gold Corp T.WRN

No Volume

[jclarke042]

In the 6 trading days since the standstill expired, we've traded a whopping 750k on the NYSE, and 821k on the TSX. Total shares, not average.

Safe to assume Western & Rio signed a new standstill agreement, and any major in consideration is under an active agreement as well.

[Sooner]

Clark - refresh my memory. Why couldn't another major acquire on open market up to a certain %? if you were Rio...what is the benefit to them of another standstill rather than just continuing to work with WRN but letting them know not interested in being tied down from acquiring more shares in open market???

[jclarke042]

Not saying another major couldn't, I'm saying if Paul has others in the data room as well, he's almost certainly made them sign one. Think about it: we wouldn't want someone coming in, looking at confidential data, then allow them to pick up 10% or whatever on the cheap. I don't know, ask Sandy. She seems to like you.

[Sooner]

haha! No i think she treats me like any other investor with legitmate questions ----  anyway, sent this message to Sandy/Paul this AM. Will let you know when I get feedback. "Hi Sandy, Paul,   When will we hear an update on Rio standstill --- I thought that has expired where they can now start acquiring on open market without notification to WRN?   My question is --- if Rio

[Sooner]

Response from Paul --- BTW: why anyone complains about WRN management is beyond me....send them a message and you will get a very professional and timely response! Now obvioulsy if you ask something stupid like the meth smoking meat head....likely you will get no response ...but if you have legitimate shareholder question then send the question! ---------- "You are correct Rio cannot buy

[MetalMinded]

That's great info.  Thanks for asking Sooner!

[MetalMinded]

...and complete agree with you Sooner.  Sandy has always been very responsive to any well thought out question or request.  

[EvenSteven27]

I suspect this main partly connected to the new drilling of the deep target. I am sure WRN will play out good drill as best as they can in the negotiation court. We've got the ball and it is clear Rio wants us at this point. Remaining question: how much will they pay?