Interesting GoodforeadSorry forgot how to spell your name but I found your post interesting. Sounds like we have much the same feelings about YNG. I totally understand the past issues affecting their present stock price as well as the number of share out there but it still seems to me that they should be trading much highter then the 20 cent range. Just of the number of properties they own and the recent assay results not to mention thier upgrading and quite green milling plant which seems to be almost up to stream.
I guess though like anything else, once you have gone from a good up and coming investment and then hit bottom, it takes a while to gain the trust of investors again !
I guess the 31st will tell us a lot ... I am not expecting great results because they are not up to full production as yet, but I am expecting incredible results compared to their last quarterly reports, especially since they weren't even in production .... also though I expect to see good numbers coming in as to their milling and production I also expect their restart up costs etc. to be high ...
So what do you think will happen with the stock price ? I am expecting if the results are even good that they will climb to the hi 30's or a bit higher but then work their way back down to the hi 20's ? or hopefully they will surprise us with great numbers and it may climb a bit higher yet but then settle back down until the next quarterly results.
I totally agree that the stock price will not really show its value until they are in full production and have several good quarters behind them, if that happens I expect their stock value to be in the neighbourhood of $1.00 ...
Lets hope I/we are right ... I am for the most part a long term investor and can see this one in time being a real investment payout !