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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by AIMer300on Jun 23, 2010 11:37pm
272 Views
Post# 17216803

RE: RE:Observing observations

RE: RE:Observing observationscriscat, I'll venture a guess.

The pumpers are fanatically grasping at straws.  They mention things such as "YNG is a new company", "we are pouring gold and making money", and other BS.

In reality, so far in 2010, the big achievement is that insiders have screwed public shareholders and enriched themselves while the company was losing more money.  Do your own DD.  Check out the dilution.  Another 10 for 1, or 5 for 1 reverse split is inevitable. 

There might come a time when the company is actually profitable (with net earnings).  Until then, the pumpers are really just blowing smoke.
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