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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by POG1200on Nov 20, 2009 3:48am
299 Views
Post# 16506654

Struck the Chord Myself:

Struck the Chord Myself:Look, this whole inducement warrant thing started at about POG $150 less then what it is today.  At 2000 ounces per week, that’s an increase of $300,000 per week ADDITIONAL profit!  At a cost of $500 per ounce the profit is $1,300,000 per week if the POG is $1150.  

Isn’t this why you're invested in a goldminer? 

I know you’re concerned over dilution and crooked management, but can you take a moment and address production?  Are they currently producing gold or not?  And if not, why not, a fabricated crisis so insiders can own a greater share of the company before recommencing production with the POG being what, $1200, $1500, $2000, up and up and up per ounce?  Or is the crisis real?

I am not voting, and therefore YNG will not be receiving my support for raising funds through the issuance of inducement warrants. They have a Billion-dollar money machine and I want to know why they aren’t using it.  Can you tell me? 

Greg
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