On a less serious note - repostedThe first posting appears to have got garbled. Hope this reposting comes okay:
While you are all getting worked up about the inducement warrants, Igoogled Robert Baldock. Here is the Wikepedia entry, (obviously adifferent Mr. baldock, although some of you seem to want him to sufferthe same fate):
" Robert Baldock was the Lord Privy Seal and Lord Chancellor of England, during the reign of King Edward II of England. He may also have been the Robert Baldock who was elected Bishop of Norwich on 23 July 1325 but resigned the office on 3 September 1325.[1]
He was archdeacon of Middlesex when he was named Lord Privy Seal on 27 January 1320. He retained the office until 8 July 1323.[2]
He was later named Chancellor of England on 20 August 1323 and lost the office on 16 November 1326 when he was imprisoned.[3]"
On an unrelated matter. Those that are getting worried about the dropin price, relax. After a 100% increase in price, most stocks normallyconsolidate before moving up again. If you look at the charts, this isthe beginning of the second leg up for YNG. The first leg took us from2 cents to 20 cents, then it corrected back to 7 cents in August beforestarting its new upward trend. It will probably correct again once itreaches the 60 cent mark, before starting on its third leg, which isnormally the most significant. That all assumes that the companysurvives i.e. that the existing shareholders don't "win" (like happenedat Oilexco) by letting their emotions overrule their common sense.Eric Sprott, as reported by romara, seems to understand that well. Ithink it will survive as most of the shares are owned by institutionsand not retail investors. There is less role for emotion there.
Don't misunderstand me. I am as offended as anybody else about thesecond inducement warrants (but not the Sprott warrants). However, Ido not think this warrants my shooting myself in the foot.