Yukon Nevada Gold Corp T.YNG

FACTS AND QUESTIONS

[Iceshaver]

This is based on YNG's most recent financial statement (Filed on SEDAR on March 29, 2012).          On page 5 YNG states,  " The company incurred a $32.5 million loss from mine operations for  the year ended Dec 31, 2011( 2010-$17.0 million)".   It also states,  "At December 31, 2011  the company had a working capital deficiency of $52.7 million( 2010- $51.7 million) and an accumulated deficit of $358.9 million (2010-$385.3 million)" . These  two quotes are direct quotes from that SEDAR Report.   How does this relate to  some of   the  reasons we were  given for the YNG name change, specifically,  " they had to divorce themselves from Yukon Nevada and start fresh as they turned the corner"?  Could that possibly mean  someone  thinks the name change will wipe out the YNG  past performance record?  Could that  possibly  happen?  What does working capital deficiency mean?  Does that relate to day to day operations?  What does the term "accumulated deficit"  mean?  Accumulated  over  what period of time? These are verbatim quotes easily  verified, and I believe they are legitimate questions that deserve  specific answers.        ICE

[romara]

Ice....now tell us all.....how much did you lose on Queenstake/YNG over all these years....all those Queenstake shares consolidated 10 for 1......and the buyout out by Graham with YNG.....and the whole thing falling apart  in 2008.....you must have had a bundle invested in these companies to keep a vandetta going like this. But, I guess you, and Artie, Downer  an others didn't but

[Chrysler_Kid]

solid points ice...cant argue with the facts...yng is a massive money pit...and a highly speculative stock to own...i think its time to start selling my position...