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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by deslug1on Apr 02, 2009 7:02am
512 Views
Post# 15890324

RE: RE: One Thing - wideboy99

RE: RE: One Thing - wideboy99Out of every negative I try to find a positive. The positive is that financing was being obtained, and the
signals that progress was being made was evident to every shareholder that read the news releases
concerning the financings, as well as the opportunity to buy shares on the open market on or near the price of the financings. The latest hint that something positive was going to happen was where a director participated in the financing. Yesterday's release states "Management believes that further financing can be obtained in order to ensure the company will continue as a going concern and return to operations" Another hint? I understand that many shareholders got badly burned on the way down, but past performance is not always a good indicator of future performance. I can only hope that lessons have been learned from past errors and am looking forward to seeing this company grow and thrive in the next couple of years, and produce massive gains for long term holders. If the opposite happens it will be the price paid for gambling in a penny stock. For the nervous, keep a trailing stop loss order in place and your downside will be automatically reduced while your blue sky opportunity remains.
For the long holders who rode this down? You just might get your money back if you continue to wait imo.
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