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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 Diamondboy123 on Apr 26, 2024 11:42am

Range bound

Wrn is range bound now.  That portends a drop once the range is broken. Historically that is the occurrence.  Check the tape.
Comment by jclarke042 on Apr 26, 2024 11:48am
Let's wait & see what happens once the financing closes Tuesday. 
Comment by Pinegrove1 on Apr 26, 2024 12:45pm
Good volumes on TSX > 400k. Assuming it's not all DB, I see it is a good sign especially as SP is rising. IMHO. 
Comment by EvenSteven27 on Apr 26, 2024 1:10pm
Pine, I suspect DB was at it again between 9am and 10am. If he sold now what he bought in the morning, he would have made a handsome profit. I would never do what DB does, but if it works for a profiteer like DB, I wish him luck. I'll just remain a long instead of becoming a day trader like DB. Good luck, DB, but one day we will break out, you know? And you might be kicking yourself at that ...more  
Comment by Pinegrove1 on Apr 26, 2024 1:22pm
Agreed. I wouldn't risk $2.00 for a potential profit of 1/2 to 1%  Agreed, it's a good return for a day but it can go the other way just as easy. Funny we never hear about those days!  I'd mess around with something more like NCX. Risk is about the same but with less investment and more upside, better return. To each his own however. I'm WRN long as well. 
Comment by Diamondboy123 on Apr 26, 2024 2:42pm
Pine when it goes the other way I'm a long just like you.  And it will go the other way.  It has for over 15 years.  In fact it's really only about a buck a share right now if not less due to massive dilution since 2010 and 2011 when I first encountered this lumbering  equity.  
Comment by Oakie1 on Apr 26, 2024 11:03pm
Pine, The last I saw, we had nearly 400,000 shares traded today on the US side also. That is about a total of 800,000 shares, and we were up about USD $0.11 per share. Something I've always wondered is how they keep the playing the price  on one exchange against the price on the other from happening (price arbitrage) when they have both exchanges operating at the same time. If I were ...more  
Comment by Diamondboy123 on Apr 26, 2024 11:44pm
No oakie. I just buy on the Canadian side and flip it once it goes up.  If it goes down I just added to my long position. I have only 10 k in shares being the 10 k I bought at 2.16 near the end of the day that I've obviously not sold.  
Comment by Oakie1 on Apr 27, 2024 6:33am
DB, The problem with email vs.face-to-face conversation is that it is sometimes hard to know if someone's comment is to be taken seriously or if they are playing with you a bit to spark some emotion from you. In this case, I knew you likely were not doing the arbitrage game, but I was just poking you a bit. I really do like you, and am glad you are part of this forum, as you bring a ...more  
Comment by IvanRo on Apr 26, 2024 2:11pm
After today Clarke, I am excited for Tuesday :-)
Comment by Sooner on Apr 26, 2024 3:49pm
i'd expect Eight Capital to issue a BUY recommendation very shortly after... and i'd expect others to initiate coverage as well as Sandeep using his connections to drum up other investors....much like we thought boy wonder Mike Vitton was supposed to do for us years ago. not sure exactly what that guy has done to be honest....
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