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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

Western Copper and Gold Corp > From Sandy this morning
View:
Post by Pinegrove on Apr 24, 2023 9:53am

From Sandy this morning

Just wanted to confirm & reaffirm WRN's response to Paul not buying back in yet.  See Sandy's response below from this morning.

Hi Dan,
 
Apologies, I did not receive your first email.  You’re correct, Paul’s selling was done in preparation for a large option exercise in addition to tax planning, after which he will have more shares than he started with. 
 
Important to note that directors, officers, consultants or employees are prohibited by securities laws from purchasing or selling the Company’s securities while having access to undisclosed material information about the Company. Material information is generally regarded as material if there is a reasonable likelihood that it would be considered important to an investor in making an investment decision regarding the purchase or sale of the Company’s securities.  Section E of the Insider Trading Policy defines when a suspension of trading is put in place, recent examples of this would include the Mitsubishi strategic investment and quarterly reporting.
 
Thanks,
Sandy
Comment by MetalMinded on Apr 24, 2023 10:14am
Thanks Pine.  That makes sense and it's not as nefarious as some posters on this board painted it to be.  
Comment by Pinegrove on Apr 24, 2023 10:55am
True.  And perhaps something else can be assumed.  It's been a few weeks since the Mitsubishi announcement and Paul still hasn't done anything.  Perhaps he's right back into a situation where due to forthcoming news he's back in a situation where he can't trade due to insider concerns.  Just a thought.
Comment by jclarke042 on Apr 24, 2023 11:01am
Exactly why I don't begrudge the lack of insider buying. 
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