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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Bullboard Posts
Comment by shortUSA2on Jan 08, 2008 1:51pm
192 Views
Post# 14168951

RE: John Embry on BNN Market Call tomorrow night

RE: John Embry on BNN Market Call tomorrow nightI remember the "bane of my existence" comment well.  I also remember him saying that they needed $800 gold before the story would get interesting.  This was back when gold was around $600 so I suspect he'll change his tune on YNG.  However, his endorsement is often a contrarian indicator for some as so many of his top picks have been outright disasters.  Regarding the recent drill results.  The Smith mine numbers look excellent.  However, the Shamrock numbers are not very inspiring.   While there are some good intercepts at open pittable depths, they appear to be few and far between.  You generally want to see consistent mineralization if your thinking about an open pit because you can process ore as you dig rather than removing huge amounts of worthless rock to get at the intermittent ore bodies.  I'm not a geologist and my interpretation could be entirely wrong but the Shamrock numbers that I've seen in the past few months cast doubt on the economics of the mine because the open pit concept is looking a little shaky.   The grades don't appear to be high enough to be going underground.
Bullboard Posts