Western Copper and Gold Corp T.WRN

Marine....IT's coming....sadly, you're right,

[Birdog11]

But I hope it will be 5.00 CDN


Post by Marine2on Sep 08, 2023 3:13pm

172 Views 

Post# 35626717

Where will we be, Nov 28 2023 ?

Where will we be, Nov 28 2023 ?

WESTERN COPPER AND GOLD ANNOUNCES EXTENSION OF RIO TINTO’S RIGHTS

November 28, 2023.  /  $5.00 CDN ?    $1.60 ?


 

[Marine2]

Birdog I am hoping for a buyout offer @ $5.00 by Nov 28th, the market price of WRN right now is irrelevant  ! IMO If nothing happens by the end of Nov this does not mean the buyout game is over ! IMO    Casino is for sale,, all the DD is done ! Nov 28th is only the beginning of a bidding war ! IMO M2

[IvanRo]

Have to give it to you Marine, you are an external optimist. I initially had my own exit points dates for a buyout that should have been reasonable - in a normally functioning market place this deal would have been done and dusted by now - imo. However, we are not in a normally functioning marketplace - there is a lot of uncertainty out there - inflation, interest rates, finance, wars, China

[Heywood_Silvers]

Hi Ivanro, you are in the same boat as most of us here:  if an (early) lowball offer comes along most will vote against it.  Very few here are pumping for a hurried buyout offer below WRN's all-time high price level. The BoD, knowing this (common sense) will not even insult us by floating a lowball offer our way nor do they want to waste the time and spend the funds to prepare

[Marine2]

Heywood When you say,  "Very few here are pumping for a hurried buyout offer below WRN's all-time high price level." If you mean below "Year 2011 WRN was at a high of $4.50 CDN", I have to agree. I would accept $4.50 to $5.00 and this offer may come from a gold producer ? Time will Tell Rio buying now ?  Rio buying now is for the same reason I bought property