question about resumption of milling as per news:so the news release says:
VANCOUVER, Oct 14, 2009 /PRNewswire-FirstCall via COMTEX/ -- Yukon-Nevada Gold Corp. (
YNG) is pleased to announce that it has come to an agreement with the Nevada Division of Environmental Protection ("NDEP") in the form of a Consent Decree to resume production at the Jerritt Canyon milling facility located approximately 50 miles from Elko, Nevada.
So how long was the milling supsended or idle?
Whats the story?
So basically Jerritt Canyon is producing again & Yukon Nevada owns the land is my understanding
thanks all
an aside for the stock to have traded up 30% friday and held nicely end of day when the
day traders /flippers tend to want to sell before the weekend..
leads me to beleive that the shares are in firmer hands, demand is strong
and this play could close strongly in the green this week and going forwards long term.