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Bullboard - Stock Discussion Forum Yukon Nevada Gold Corp T.YNG

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > every 10$ up in gold
View:
Post by menhir1 on Sep 27, 2012 4:11pm

every 10$ up in gold

is 1mil. to YNG bottom line.If gold cracks 2000$ as I believe it will you do the math.And looks like Sprott is buying
Comment by pruiter on Sep 27, 2012 6:09pm
At a billion shares?  that $10 dont figure much to share holders
Comment by lecoste on Sep 28, 2012 10:24am
I would not be so sure. Let's run some (not so hypothetical) numbers, shall we: $10 per 200,000 oz/year equals $2,000,000 of extra net earnings. $ 2,000,000 times 10 (average FCF for senior producers) equals $20,000,000 divided by one billion shares equals $0,02 sp gain per share Now multiply that with your number of shares, lets say e.g. 500,000. Gives you $10,000 of extra earnings. ...more  
Comment by lecoste on Sep 28, 2012 3:28pm
We never got the point in you talking either! Wonder when you start confusing your aliases again. Always a good laugh, Mr Downshaver.
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