Western Copper and Gold Corp T.WRN

Bottom in?

[Diamondboy123]

Looks like copper and gold prices have stabilized. For now.

[IvanRo]

I would agree. I think we have hit the bottom, there are still risks (i.e. China Covid), if risks don't materialise I think late Q3/Q4 we will start to see a rebound.

[Heywood_Silvers]

Remember, just two years ago the DOW was below 18,000 before it reached full capitulation.  Add in the normal 10% annual gains in the markets, and that 18,000 equates to about 22,000 today.  Realistically, we could shave off another 10,000 from the DOW (about a 30% drop) before this is all said and done. How does this relate to WRN?  Well, that would mean we could get back down to

[MetalMinded]

I don't disagree that this could be a pause before another leg down, but it also could be a bottom.  I'd give it 50-50 on either.   I've been comfortable enough with current levels and daily action to complete the exit of my cash position and put it to work.