Western Copper and Gold Corp T.WRN

Dale Corman is still involved ???

[Marine2]

 

Lets hope Dale Corman is involved in the background with Western Copper,, Dale still owns over a million shares,,  great timing !

 

DALE CORMAN 

Link>>   https://youtu.be/b0yLqnxFQ5c

 

DALE CORMAN TO RETIRE AS EXECUTIVE CHAIRMAN OF WESTERN COPPER AND GOLD

Jun 28, 2021 - News Release

 

  

VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces that Dale Corman, Founder of Western Copper and Gold and Executive Chairman of the Company’s Board of Directors, has informed the Board that he will retire as of June 30, 2021.

M2

[GardenManman]

Only one million? Should be more than 1 million 

[nmpappy78]

Last time I looked he had 6,000,000+ shares and I am sure he stays involved!

[GardenManman]

Yes. Should be over 30% shares, got this information  from paul interview, cant remember correctly, correct me if I am wrong.

[jclarke042]

Per SEDI website, Dale ceased to be an insider on his retirement, 6/30/2021. On that date: 950k shares 6.4m options with various expiry Anyone who's ever been an insider is listed, but once they're out, obviously they don't have to report buys/sells/exercising/expiration, etc. https://www.sedi.ca/sedi/SVTItdSelectIssuer?locale=en_CA

[EvenSteven27]

How about Ross Beaty/Kestrel Holdings? I remember him clearly saying that he'd remain being a shareholder for a "long, long" time after he stepped down from the board. Not sure of his current status. 

[EvenSteven27]

"long, long" appears a paraphrase, but meaning is same:  “I have enjoyed my time on Western Copper’s Board and intend to step down to focus my time on my new geothermal company, Magma Energy Corp., but I will be available to serve as an advisor to assist where I can to enable Western Copper to continue to advance its prospects and opportunities” said Ross Beaty. “I look forward to

[Marine2]

It’s just odd that Dale negotiates a deal with Rio Tinto and then one month later he retires ? I will bet there was more to that deal then was made public. For example,,  a price Dale is looking for $1b to $1.2B US for example and Rio said let us do our DD and we will see about that price for a buyout ! Now Paul is bringing in a partner / help to pay that price. That's my view and am

[Sooner]

The other thing that i found odd was the interview he had immediately after the Rio agreement -- where even Dale thought RIO would have made an offer tor the entire company --- i think his words were something to the effect of --- they have completed most of their DD, they have only a few boxes left to check, i expect they will be done well before the original deadline..  Then he retired

[jclarke042]

Said it before: IMO, they've absolutely made up their minds but no reason to act until forced. Ending their 4th year and they're still stuck in committee? Utter bullshi..... Mitsubishi? Great. Better yet, show me BHP with 19.9% with no end date and things get interesting.  Rio will take ALL the time we allow. Or they get nervous if it gets too expensive. And hint: we're not

[Sooner]

Yeah---but why not just throw out a low ball offer now rather than wait 2 years and risk having to pay much higher? That's what I don't get.... I mean throw out $2.75 usd per share...and before you all crucify me....that's still a 50% premium. Perhaps they already have but WRN bod didn't even consider it or ??  Not really understanding the risk reward for them waiting if

[jclarke042]

They may have, for all we know. Under the agreement, they have to negotiate w management exclusively. No going direct to shareholders until this agreement expires.

[Marine2]

jclarke42 We are on the same page, "" Under the agreement, they have to negotiate w management exclusively. No going direct to shareholders until this agreement expires."" Dale Corman still involved who made the original deal most likely talked about a buyout price Rio said let us do our DD first .  Now Paul is bringing in a partner to help surpport the cost of a

[Marine2]

This is the person (Dale Corman) who put the deal together with Rio, negotiated the buyout price then RETIRED ! Then after worked on drawing BHP in when the timing was just right. This is set up for other interested parties to come in ! Time will tell as to how this play's out ! Western Copper and Gold Announces C$25.6 Million Strategic Investment by Rio Tinto May 17, 2021 - News Release