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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by Iceshaveron Feb 14, 2011 12:47am
506 Views
Post# 18127098

Re YNG Special Meeting 3/8/2011

Re YNG Special Meeting 3/8/2011  Once again we shareholders will be treated to  YNG theater .  Here's a replay of  the "INDUCEMENT WARRANTS election .  It will pass with an overwhelming "YES" vote jusr as the "INDUCEMENT WARRANTS" did.   Except this time ,those that will benefit  the most  will also be allowed yo  vote  "YES".  Here are  some  details on this sham.  YNG says they will get $59,343,502.51 when the warrants are exercised with that .18 discount.   What they do not tell you is that if those warrants are exercised at the original price, YNG would receive $62,640,363.76.... With that .18  price reduction, these   warrant holders will receive a  $3,296,861.25  BONANZA , from us common shareholder " suckers"...... oops, I mean common shareholder " investors".   How many of you are happy to give these people 3.296,861.25 dollars for exercising .08 to .40  warrants at a bargain basement price of  .06 to .33 a share, while the current market price is .68 a share????   Maybe P.T. Barnum was right, maybe "THERE IS A SUCKER BORN EVERY MINUTE".  And with over 1,000,000,000  outstanding YNG shares, we can  all look forward to a severe dilution , with the inevitable  decrease in share price  " Happy Days Are Here Again" , for a select few.                 JMHO with some hard "FACTS" thrown in.            ICE
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