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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 IvanRo on Nov 13, 2024 3:36pm

Twilight Zone

Normal events: - Gold down = WRN down - Copper down = WRN down - Gold down, Copper up = WRN down - Copper down, Gold up = WRN down - Gold down, Copper down = WRN would normally fall through the floor but we are up.... (The twilight zone) Some news must be coming from somewhere, volume is just over 3 times daily...
Comment by Sooner on Nov 13, 2024 4:17pm
yeah - bigger entity buying...not the normal day to day retail buyers like us. So let me get this right...800k buying in 1 day moves us 11%. So if a large entity were to do this 10 days in a row...we'd be up 1.11^10 = 2.8 X $1.28 USD per share = $3.63. I realize that is simplistic way to look at this but it does show what can be done if we could simply get a couple large firms buying! I ...more  
Comment by Iluvtech on Nov 13, 2024 4:41pm
Uff da - I had a limit order fill to sell 20K shares @ $1.20 usd - planning to rotate out of 1/2 of my 260K shares into crypto since my other investments went up 2-4x over the past 4+ years while WRN did nothing. Now I'm wondering why the price is moving and second guessing how much I should sell. I sent a note to WRN IR and asked them for an update of RIO's milestones (power, road, port ...more  
Comment by Iluvtech on Nov 13, 2024 4:45pm
Sorry for the duplication of my note.  User error and can't figure out how to revise the post.
Comment by Sooner on Nov 13, 2024 5:25pm
Yeah. We were all told by Dale Corman a long time ago that he expected a Rio offer after they wrapped up their DD well before 1st date... not sure what he was thinking!!!! crypto? I wish I had the stomach for that but it is just way too risky for me. U will probably do well but u could also lose a lot! Good luck though.  I'm too stubborn to walk away from WRN at this point...haha...
Comment by Iluvtech on Nov 14, 2024 7:36am
The reason I've stayed in wrn was due to the insightful comments from people on this board like you sooner, evensteven and others. i'm a techie and this is my first miner - recommended by Eric Fry.  Most of my investments were tech stocks like NVDA and crypto - bitcoin and ethereum.  I've sold most of my tech due to high valuation and moving more to crypto XRP.  With ...more  
Comment by Sooner on Nov 14, 2024 8:58am
Hey tech - yeah...you've been much smarter than me. I'm more of a contrarian and value investor. I think my logical thinking has caused me to miss out on lots of returns as a result of being that way. i think eventually WRN is going to pay off...but to be honest I was hoping and lead to believe by Dale and others it would have been done 2 years ago! 
Comment by StandingOwl on Nov 14, 2024 9:09am
If something serious of note is going on, (which seems to be the case), then maybe there will be an email about this soon. 
Comment by CopperAndGold14 on Nov 14, 2024 10:57am
Yesterday's move would be seen to continue today if there were anything "there." When actual progress occurs, you'll know. The price action, and share volume will both do things we haven't seen yet on WRN. In the last 3 years, I think I can count at least 10 trading days with double digit percentage gains, and only a couple of them can be assigned a cause. When it goes up 5 ...more  
Comment by Sooner on Nov 14, 2024 4:10pm
Maybe, but another good volume day today is good after yesterday and importantly we were flat today. I'm optimistic we at least have some bigger investors coming in the last couple days. 
Comment by Iluvtech on Nov 14, 2024 9:11am
Value and contrarian investor  is exactly what I aspire to be.  I need to work on patience ... have been more of a driver in my work life to get quick results.  I'm hopeful that Sandeep Singh can successfully build and leverage his relationships to get us over the finish line.  I'd love to retire on dividends from a major :)