RE: RE: RE: RE: Pouring Gold, and "Yes" Making MonMrGRP There was no consolidation, it was a takeover / merger or call it what ever you like. Former Yukon Gold Corp. merged with Queenstake resources. YGC Shareholders got 1:1 exchange whereas Queenstake got a 10:1. It took place on June 24 2007. I remember cause it was my birthday. We former YGC holders were expecting a great 43-101 instead we got Queenstake.
Most of us took a big hit in August 2008. My average dropped about 90 %. But I managed to average down hard. Bought back in as low as 1.8 Eurocent (about 2.5 Cancent). I risked a lot and it worked. I am in the green today (not by much I might add). Maybe Richard is right, if Orifer hadnt come along wed be dead by now. Even if I dont agree with the additional inducement warrants for almost expired warrants. Way too much risk compensation. After all Orifer were just investors, like us.
BUT I do NOT and neither ever will share the wining attitude. Everbody knows that mining and exploration are high risk investments. If you cant stand the heat, get out of the kitchen. Thats why I will never reply to negs or bashers, so save it.
I am actually very excited, cause I was looking for a high risk turnaround with massive upside potential. Inspect the facts and decide if this investments fits in your risk portfolio. JMHO
GLTA
lee