RE: Rain on the YNG ParadeIceshaver,
it was clearly stated, that 700-900 million is the target, when the mines are producing again (at current Au prices).
When do you expect that? Yesterday? You seem not to anticipate, that this project is in the early stages of revitalizing.
If you wait until respectable quarter results are presented, showing the positive trend of the company, then you will have to pay a much higher share price already.
Here we are still in high risk territory with lots of ppl being sceptical, an outlook with problems to be solved and a shareprice reflecting that.
If this turnaround game is too risky for you and you prefer to buy into less risk companies, fine, there are enough shares with much less risk. I'm aware of the risk and i like it - and the potential of 300-400% within 3-4 years (maybe even more with a spreading crisis of the paper-currencies).