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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

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Post by Sooner on Oct 27, 2023 11:48am

Copper up 2%

WRN down about the same...and 4 weeks before rights expire with Rio.

the brutal beatings are going to continue until morale improves....
Comment by Marine2 on Oct 27, 2023 3:58pm
Sooner Do you think this price today has any relevants to a buyout price when it comes ?  Trading right now,  Buyout @ CD $2.00,, I don't think so !  Market is sleeping and betting nothing will happen "4 weeks before rights expire with Rio." . IMHO T:WRN - WESTERN COPPER AND GOLD CORPORATION J - https://www.westerncoppercorp.com  ...more  
Comment by Sooner on Oct 27, 2023 4:19pm
Actually no clue about why such a lack of volume....is all i can say is management has worn everyone down. no conviction they are serious about selling and/or they have grossly overestimated the value of Casino versus what the market is valuing it at. I sure hope when we are negotiating with Rio (or anyone else) we STOP diluting and tell them to buy on the open market! We do NOT need more cash ...more  
Comment by IvanRo on Oct 27, 2023 4:38pm
Yep, we don't need the cash. However, we do if what Paul said about acquiring another property is correct... 
Comment by Heywood_Silvers on Oct 27, 2023 8:51pm
Why the lack of volume?  Well, everyone is wating for the dust to settle before getting back into the water.  We seem to have decent support at $1.20 right now, but once the general market rolls over it will be difficult to stay over $1. Sentiment is absolutely in the dumps.  We are sitting at $2k gold and the market is acting like we are only at half that value.  Just have to ...more  
Comment by Marine2 on Oct 28, 2023 11:25am
Heywood I believe all bets are placed, for the low volume, all waiting to see what happens from now to Nov 28th. Day to day pricing has no connection to a buyout with Rio or pricing .  I think you would ge better odds in Las Vegas then in the junior market space right now. WRN is like sitting at a crapps table right now ! I think if your a buyer like Sooner you could pick up a "few ...more