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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 MetalMinded on Jan 09, 2023 11:02am

Again

I have once again emailed Sandy this morning in regards to the 2022 drill and MET results.  I'll post a response should I receive one.
Comment by Sooner on Jan 09, 2023 3:54pm
Same here - yeah...today is extremely frustrating for sure!!! coper up over $4....
Comment by GardenManman on Jan 09, 2023 4:29pm
As I switch some position from wrn to nasdaq at the end of 2022. but I think there will be something cooking. DON'T  WORRY.
Comment by Sooner on Jan 09, 2023 5:01pm
Comparison of returns --- Today , and the last 2 days as frustrating as it is relative to Cu price gains.... I suppose need to look longer term. Not too thrilled with 6 mo relative to Rio though...we should be doing much better than that considering risk of WRN vs. Rio!!!   1 mo 3 mo 6 mo 12 mo WRN 5% 37%  ...more  
Comment by MetalMinded on Jan 09, 2023 5:53pm
Unsurprisingly, Sandy did not respond today.  I've noticed a drop off in responsiveness and think others have seen same.  Wonder why they seem to think that treating investors like this is acceptable.  I am hoping to make a trip to at least the HQ and possible the site this year.  I plan to ask questions regarding communications, withholding material information, influence ...more  
Comment by MetalMinded on Jan 09, 2023 6:08pm
I had sent a similar email on Dec 9 and never received a response. 
Comment by EvenSteven27 on Jan 09, 2023 10:37pm
MetalMinded, wrn has signed off NDAs with everyone at this point. They don't want other sides talking and they won't talk themselves. NDAs are in everybody's best interest including us shareholders'. I know as I have signed off on many NDAs myself. Legally, you are forbidden to even share info with your own spouse. With some of the NDAs I've signed, people pry with snoopy ...more  
Comment by EvenSteven27 on Jan 09, 2023 11:04pm
The following interaction occured betweem Katerina Paley and myself. Typical NDA response. I would have done the same. Let Paul keep his arsenal hidden. He will pull it out when it is most timely (getting mc up, gaining an audience first, sparking a bidding war). Now is not time.  From me:  2022/12/09  22:51  Sorry to bother you. Paul West-Sells has told several of us ...more  
Comment by MetalMinded on Jan 10, 2023 10:17am
That's because WRN is their customer and you are not.  However, for WRN, which is not currently producing anything, we the shareholders are the customers of management and the board.  If they have material information they are duty bound to release it to shareholders so they may make informed decisions.  It's illegal, regardless of NDA, to withhold material information from ...more  
Comment by Pinegrove on Jan 10, 2023 10:28am
I agree.  Something is up, just don't know what it is.  I'm sure the results are available and Paul said he already had the press release almost all written (at the end of Norvember!!)  He is purposely holding off knowing full well that it is pissing us off.  He has a reason, I know that.  I just can't figure what it would be. Is it good news?  If so ...more  
Comment by Marine2 on Jan 10, 2023 10:41am
Steven We can bet there is a lot going on behind the scenes with Paul, this reminds me of the time when Eldorado Acquired Integra Gold Corporation. Eldorado invested money in Integra for some DD, then negotiated a break deal with Integra Gold. COULD THIS BE HAPPENING ??? There are a lot of important information like "met results" that Rio has been pouring over. We have no ...more  
Comment by MetalMinded on Jan 10, 2023 10:54am
One thing we do know is that while the information has not been released publicly, nobody with access to it can trade (buy or sell) without running afoul of the insider trading rules and potential prison time.  
Comment by Marine2 on Jan 10, 2023 11:12am
Rio negotiaes Break deal with Paul ! First, releases results ! Second, announces break deal with WRN We are in shock and awe as to the buyout price ! Anything can happen at this point, Paul has been playing a game for to long ! M2
Comment by jclarke042 on Jan 10, 2023 11:19am
What is "break" deal? You've used it twice now.
Comment by IvanRo on Jan 10, 2023 11:36am
Can only assume he means, break in terms of the existing DD extension deal...
Comment by Marine2 on Jan 10, 2023 11:58am
jciarke Break Deal is where managenment negotiates a buyout offer with a high cost to any other competing offers. For instance Eldorado buyout of Integra, The Arrangement Agreement includes customary provisions, including non-solicitation of alternative transactions, a right to match superior proposals in favor of Eldorado and fiduciary-out provisions.  Integra has agreed to pay a ...more  
Comment by Sooner on Jan 10, 2023 5:41pm
Marine - it's all good...I will do well and won't cry of the eventual acquisition price tag i'm confident on. Again, the Josemaria acquisition really should put a $3 usd floor in any discussion with potential bidder....IMO 
Comment by Marine2 on Jan 10, 2023 8:59pm
Sooner, What do you think of this scenario, Rio is interested in buying Casino, but not wanting to over pay or get involved in a bidding war, Paul negotiates a fair deal, say $4.00 USD but negotiates a lock up deal @ $$5.00 USD that looks like this. The Arrangement Agreement includes customary provisions, including non-solicitation of alternative transactions, a right to match superior proposals ...more  
Comment by Sooner on Jan 11, 2023 6:02am
At our current market cap and how cheap Rio is...I would be content with that! Unfortunately, what we don't know, is what other parties beside Rio are seriously interested in Casino? if I knew that, it would influence my response on if this was a good deal as a hypothetical. If Paul is able to negotiate something like that...it would imply he has strong belief that others would be willing to ...more  
Comment by Heywood_Silvers on Jan 12, 2023 12:35am
Oh boy, $3 USD?  I'd love to be Paul's admin on this negotiation..... "Three dollars as an offer good sir?  Um, yeah, the Dollar Tree is three blocks down on the left, you can stretch your tiny budget a bit better in that locale.  Please come again when you are ready to play ball with the big boys.  Have a nice day". For the record, most products in the ...more  
Comment by Sooner on Jan 12, 2023 6:17am
Hey - the eternal optimist/ always faithful to build up our hopes and have us all calculating how rich we will be/ 
Comment by LZG1220 on Jan 12, 2023 8:01am
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