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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

Western Copper and Gold Corp > Copper correlation
View:
Post by gdug84 on May 14, 2024 6:57am

Copper correlation

Copper is up 12% over the last 30 days while we're down 4%. The only recent connection I've noticed is we are green when the metal is red. Just an observation.
Comment by StandingOwl on May 14, 2024 7:58am
I understand your view. This does not seem to add up. However copper is up 30% in the last 6 months. WRN is up from about $, six months ago USD, to now $1.44 as of yesterday's close, making that about a 44% increase.  Perhaps our frustration lies in unfulfilled  expectations.  The wise, sage Sooner does remind us about Dale's statements about RIO just needing a little DD ...more  
Comment by Sooner on May 14, 2024 8:11am
copper up 12% and WRN down 4% over the last 30 days --- and we have another like what....$50M cash....or equivelant to about $0.25 per share so redo the math and see where we stand. Market cap now with 200M shares at $1.95/ share relative to 170M shares at $2.05 /share....instead of down 4% up right at 12%...and i'd venture to bet all else equal (ie - if we were to take that $50M cash and buy ...more  
Comment by StandingOwl on May 14, 2024 8:22am
Oh grand and glorius ONE. One thousand pardons. Please convey this thought to Sooner   What you said is true. We could or should be over $2. It will come one day, I hope.
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