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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by talkswitchon Jul 13, 2009 10:04am
318 Views
Post# 16133220

4M

4M1M. Mill. since the second duct work is on site, i have no worry regarding the mill startup. duct works worthies 100,000$, which is the biggest ticket and the failing point last time. arriving of the part means yng managed to pay the bill or got credit. although yng's cash position is near the bottom, likely they have enough cash to finish the work, even it would take few more days.

2M. Marland. So far, there are two things i would fully support: 1. Remove Graham Dickson from CEO office as the guy is not qualified.  2. terminate myng's contract since it doesn't work. it's a good thing to have a major share holder. these days,executives act as if companies belong to them, not share holders.

3M. Merger. new CEO has two hats and got no stock option so far. for sure, he will not work for free, but i don't know what's the deal. my assumption is that if the yng turned around and became a cash cow, it may acquire mmy, not the opposite way. there will be no stolen deal, simply because mmy is not strong enough to steal.

4M. Myng. myng's lawsuit is the thing i would worry the least. i guess i would not be in this game when the case is settled.


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