RE: RE: RE: Special MeetingDefinition of "information":
In general, raw data that (1) has been verified to be accurate and timely, (2) is specific and organized for a purpose, (3) is presented within a context that gives it meaning and relevance, and which (4) leads to increase in understanding and decrease in uncertainty. The value of information lies solely in its ability to affect a behaviour, decision, or outcome. A piece of information is considered valueless if, after receiving it, things remain unchanged.
I would like to know how much was or would have been raised by the exercise of the seven cent warrants that expired several days ago. I expect that any holders would have been misguided to let them go unexercised with the shre price at at least three times the exercise price and as high as six times the exercise price. Their exercise would have brought in $6 million to the treasury. That combined with the reported steady gold production that is proceeding is all very positive news to current and prospective shareholders.. That and gold still over $1100 an ounce.
The effort to reverse reward inducement warrants to replace those 85 million warrants is beyond insulting. These warrant holders were adequately rewarded with big double cheap warrant positions at the time of the private placements a year ago.
The mangement needs to view this through the eyes of proper governance principles. The efforts and money being expended to set up a special shareholder meeting is very questionable imho. Especially when the end game seems to be in the interests of a select few shareholders imho.
An effort to sound the promotion bells for YNG that match the effort being put into this inducement question would have the shares trading at considerably healthier levels.
Merry Christmas everyone.