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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by Iceshaveron Apr 24, 2010 12:10am
300 Views
Post# 17026985

Re Comparisons

Re Comparisons Richard, this looks a lot like a pump for CMM.  CMM has a resource of 6 million ozs au in PERU and Canada. They have already  produced  9 million ozs from PERU and Canada.  WOW!  With that kind of output, why were they floundering? ( Was someone from YNG on their management team?)  The Russians BOUGHT 45 percent of the company, injecting badly needed  cash. They  SHOULD BE PRODUCING  140,000 to 150,000 ozs from PERU and Canada?  SHOULD BE?  ( Promises,promises.)   I would love to see someone buy 45 percent of YNG, injecting that cash  into this operation. However,YNG does not have anywhere  near 6 million ozs,  ( see their  resouirce estimate),  nor have they produced even a  minute  fraction of 9 million ozs.  And YNG does not have a mine in PERU or anywhere else.  To me this really shows how sad  YNG  is  compared  to a WELL MANAGED?   ,  WELL FINANCED , operation.  But you have opened the door to comparisons, and I thank you for that .     ICE
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