Ryan Gold Corp V.RYG

What the ???

[jensen383]

Ryan has dropped to .10 in the last 15 minutes with cash of .21 per share.....crazy!!

[Prof_JD]

Jensenman, any reason for the big drop? jd the prof

[lundsteve]

This won't last long.

[sevenseas]

who knows ?   Of the 8M traded, 6.76M sold from Anonymous, CIBC, and bit from canaccord...buying more diverse, most just over 1M from Anonymous.. Big guns would know the value of cash, though...so maybe someone caught with pants down during tax season or a disgrunted shareholder...not wise to have a tantrum now, though with all that cash in the bank. No wonder the SP is staying pretty

[PamplonaTrader]

Read the MD&A $21mm in cash as of 12/31/2012 ~$3mm budgeted for exploration expenditures ~$3mm in G&A for 2012 Leaves $15mm   Yukon assets written down significantly and probably impaired until Brewery Creek is pouring gold 2 years from now.  

[sevenseas]

To me it looked like $600k expl in Yukon is budgetted...-did I miss something ? Is that $3M G&A for 2013 you point out on the basis of 2012 or actually stated by co... ? Or could they be tighter on things this year, just like everyone else is. looks like they have $400k US payment from AuRico coming looks like they have cash payments for Flume $350k and Shawn Ryan $2.5M this year...if they

[PamplonaTrader]

Sorry, you are right, they spent $2.8mm last year and budgeted the same for this year with just $600k earmarked for exploration and the rest spent on G&A.  So about 80% of the total expenditures on G&A and 20% of the cash getting buried in the ground.