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Bullboard - Stock Discussion Forum Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Metals & Mining Industrial Metals & Minerals
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 > Borrowing On Margin... advantages, pitfalls?
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Post by EvenSteven27 on Aug 09, 2023 3:40pm

Borrowing On Margin... advantages, pitfalls?

Can't believe these discounts... ready to buy. 
what are pros and cons of borrowing on margin? 
help me please!
Comment by jclarke042 on Aug 09, 2023 3:47pm
Pros: Can buy more than a 1:1. Say, you can buy 100 shares instead of 50. Dreams of riches. Cons: The price declines, and you haven't made $$ before the loan is due and you're forced to sell into your original position to cover the balance. As everyone's friendly neighborhood Accountant, this is strongly NOT recommended!!
Comment by EvenSteven27 on Aug 09, 2023 3:52pm
Thanks, JC! Just bought more with cash on hand. 
Western Copper and Gold Corp
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