Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Bullboard (TSX:YNG)

View:
Comment by goldpeton Apr 25, 2012 1:43pm

RE: Backsplit....What could happen

You make an excellent point about the timing of doing a reverse split.  IMO the only way it would work to our favor is under these two conditions:  1)  the company coming through with ...more  
Post by romaraon Apr 25, 2012 1:10pm

Backsplit....What could happen

I will use the example of US Silver (USA.CA) which has a producing silver mine in  Idaho, thgey decided to do a backsplit in Jan 2012 assuming the market was going to take off...they did their ...more  
Comment by goldpeton Apr 25, 2012 1:04pm

RE: Reverse Split

If your achieving your goals of turning the mine around and doing that 150K oz  per year number you expect to do, then why should the share price be whip-sawing in the first place?  The ...more  
Post by Stockbaggeron Apr 25, 2012 12:45pm

Reverse Split

Too large a float creates too much wipsaw in share price.  A low share price also prevents institutional investors from participating.
Comment by MrGRPon Apr 25, 2012 12:00pm

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

Exactly Richard and it appears the market and investors agree with us ... YNG is sitting at  .26 almost the lowest it has traded for the year and dropped what ? .08 or about 18 % in a few ...more  
Post by goldpeton Apr 25, 2012 11:53am

This selling doesn't look good at all

I was hoping the volume would settle down today, instead it looks to be increasing.
Comment by romaraon Apr 25, 2012 9:22am

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

Gerald....I totally agree, and with this type of market  where the price of gold and silver are kept within a certain price range by Wall Street, the Fed, and central banks of certain countries.. ...more  
Comment by goldpeton Apr 25, 2012 7:09am

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 ...more  
Comment by Combo9on Apr 25, 2012 2:42am

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

Having never been through a reverse split, I can only take on board some of the comments by more experienced investors suggesting these often do not work out well for shareholders. It certainly has ...more  
Comment by MrGRPon Apr 25, 2012 1:12am

RE: RE: Thoughts.....

OK a first, I am replying to my own post :-) but I have been pondering this all evening, now I am the first to admit that I certainly don't know everything ... however ... I have owned and ...more  
Comment by goldpeton Apr 24, 2012 8:23pm

RE: Thoughts.....

I don't know about Artie, his bad accident or the money he lost in YNG in the past.  I do know what was said on the CC today wasn't well received by just about anyone who listened to it.& ...more  
Post by flumbyon Apr 24, 2012 8:22pm

split

I have heard the b. s. about splits before. It will be good for us... Pour the gold the share price will take care of itself.
Comment by MrGRPon Apr 24, 2012 8:04pm

RE: Thoughts.....

Wow isn't this a tough one ... I kind of agree in part with most that is being posted here ! As someone who has traded for quite sometimes and endured numerous split or consoladation of shares I ...more  
Post by romaraon Apr 24, 2012 4:00pm

Thoughts.....

After reading the below post this afternoon, and I listened to the webcast this am....I have some thoughts also. First, the last time YNG split was back in July 07....10 for 1....but that's a ...more  
Comment by wideboy99on Apr 24, 2012 3:37pm

RE: RE: RE: RE: share consolidation

The main guy baldock said that the company would grow into the stock number.This is a reversing of an important promise he made. Utter bs.They owe to stockholders to make a run of it with the stock ...more