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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Yukon Nevada Gold Corp
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Comment by jimvicki3on Feb 05, 2008 1:03pm
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Post# 14320277

RE: yng

RE: yngI think at time of delivery, the oar is priced according to the current price and YNG share is based on that price..e.g. If oar is delivered 1/1/08 and price of gold is 700 an once ..the share for YNG is based on 700...If that gold goes to 800 2/1/08 then YNG reaps the added share. Now, I might be all wet and can stand correction, but this was explained to me...doesn't mean it's right Any other thoughts out there
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