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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by AIMer300on Apr 09, 2010 3:03pm
173 Views
Post# 16975764

RE: YNG Direction

RE: YNG DirectionIceshaver... recent numbers indicate that there are over 900 million shares, fully diluted.  That suggests a reverse split might be in the works. 

Personally, I am not impressed with the mantra that the company is "pouring gold and making money".  There needs to be bottom line profitability.

What's troubling here is that they have compensated themselves very generously while losing money.  When they actually start earning net income, who knows what big bonuses and ingenious compensation plans they will devise for themselves.


I concur with your observation that "Orifer would trample us in a heartbeat"
.  That's a reality that some here either miss entirely, or choose to ignore.
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