Western Copper and Gold Corp T.WRN

Caught back up

[Pinegrove1]

We've just about recovered from Paul's February share dump. We started February about where we are now. I'm glad we're back but wonder how much higher we would be if we hadn't been slaughtered by Paul. I expect $2.70 by end of next week. Fingers crossed.

[CopperAndGold14]

If you overlay RIO share price on WRN for the last 6 weeks I think you'll find a relatively strong correlation. Unless Paul was also shorting RIO just before they announced their 1st half dividend, I think the recent price dips in most of the mining sector had much more to do with macro sentiment, than an executive from an exploration stage company exercising options.

[Caper18]

NEM and ABX charts are also identical to RIO and WRN

[Pinegrove1]

You may be right in that they are similar however I don't know why Rio and Wrn should track in a similar manner. Other than Rio's obvious review of WRN they are totally unrelated. Why would they track?

[Sooner]

I think the point being made is that the cause of drop wasn't necessarily related to Paul's transactions but market in general. Perhaps any recent transactions from Paul related to tax purposes will be soon offset by corresponding transactions that have a positive impact to share price! 

[CopperAndGold14]

Another board user posted two other mining stocks that have experienced similar price declines and rises over the last 6-8 weeks.  I think the point we are making is that many mining stocks were impacted by sentiment across the mining industry - regarding copper, iron ore, China's short term economic prospects (and therefore demand for commodities) etc.  I'm definitely not trying