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Bullboard - Stock Discussion Forum 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... see more

TSX:WRN - Post Discussion

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Post by jclarke042 on Nov 23, 2022 9:35am

Meaningless

See? 28k shares on close is nothing. Not sure why we keep wondering about these 5 figure last minute trades.

Last buyout I was part of was Mason Resources, development stage company in USA, Paul's mentioned them before re sector M&A.

Day that buyout was announced, it traded 3x normal daily volume on TSX, and 30 times normal volume on AMEX all in the last 3 minutes. For Western, that'd equate to up to 4.5 million shares in the closing minutes.

Show me that volume at close, and then I'll think we're about to announce something meaningful.
Comment by AZlivin on Nov 23, 2022 10:06am
I've never had stock in a company that was bought out, so this is good information...thanks jclark. Curious to know if anyone else on this board has been part of a buyout and if they saw the same kind of volume at the end of the day prior to the announcement similar to jclark's example above.
Comment by blueboron99 on Nov 23, 2022 12:05pm
I have won the lottery 2 times in the last 15 years- Rider Resources- O&G play in Alberta bought out by Nuvista Energy Jan 7/08. There was heavy trading on the buyout announcement day, so I suspected leaked information based on the stock performance that day of Jan 7th.   https://www.thestar.com/business/2008/01/07/nuvista_strikes_deal_to_acquire_rider_resources.html Kaminak Gold ...more  
Comment by EvenSteven27 on Nov 23, 2022 1:02pm
I was a lucky investor in the western silver/penasquito buy out by glamis. volume and share prices spiked. my shares went from .98/share to $28/share in one year. granted, maybe i was lucky. 
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