Western Copper and Gold Corp T.WRN

Another point to keep in mind

[Heywood_Silvers]

I may have already mentioned this before at some point in the past, but it begs repeating....

For those HNW individuals and savvy investors who were invested in WRN in 2011 at $4 USD a share, they expect reasonable returns on their investments.  If you understand the "rule of 7", this implies about a 100% return on your investment every 7 years.

Let's do the simple math:  a double in 7 years (2018) would be $8 USD.  Another double in 7 years (2025) would be $16 USD.  If I have to wait another year plus to get this type of return, I am willing to do that.

But, for those who advocate a $3 to $6 return in a buyout, could you really look the investors who have built this company from day one in the eyes and ask them to take such a paltry return after 18 years?!

For the record, I am not one of those HNW investors nor have I been on board since day one.  But, it isn't too hard to figure out what they are thinking, it is the same thing I am thinking:  double digits USD or no deal.  We got the goods, if you wanna play ball we have to be treated fairly.

[Sooner]

you're assuming there are any investors left who bought in at $4USD....and you are also assuming HNW individuals own enough shares to make a difference....and you are also assuming Rio wouldn't go around the board at some point if they view they are being unreasonable. Reasonableness (in my opinion) is measured by how much people are willing to pay TODAY for our shares. I do agree...in

[Heywood_Silvers]

Agreed Sooner, we must be at the last tranche of shares that could possibly be given to RIO via one last extension.  RIO cannot be allowed to acquire more than 12% short of them making open market purchases. Slowly creeping up to 20% is what some companies do prior to a takeover and then they get preferential treatment since they are a "control person" at that point. Anyways, we