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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by goldpeton Apr 25, 2012 7:09am
183 Views
Post# 19832549

RE: RE: RE: RE: Thoughts.....

RE: RE: RE: RE: Thoughts.....

"I am unaware of any company producing 150K oz. pa with a market cap comparable to that of YNG."

You forget they're not making 150K oz. per year YET. This turnaround isn't in the bag to date. You can rest assured the share price would be much higher if they were. This is why I don't get why this discussion about a stock consolidation is going on. If and when you get that 150K oz. number like you claim you can, the share price will be much higher anyway,  BUT YOU HAVE TO PROVE YOU CAN MAKE THOSE NUMBERS FIRST.

I would personally rather see them sell Ketza, if they have to, JV, or even get bought out at a decent price where the shareholders can make some money as an option to doing this reverse split thing. I would be very surprised if that outcome is favorable to us.

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