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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by goodtoreadthison Jul 06, 2010 1:38am
300 Views
Post# 17245796

Some data points will surface

Some data points will surfaceWe know that the labor settlement is in discussion. While YNG shouldnever have run it's business such that it stiffed its workers, it hastaken action that have given it the funds to now pay just debts. Oldmanagement really sucked. Does new management suck ? So far they lookmodestly strong and getting stronger.

We will hear 2nd qtr production numbers soon.  We'll hear the companysay that we are at full production levels or some such words that allowus to watch and see if 150,000 ounces have been produced by July 2011.Weasel words on that plateau will make them look like the weak oldmanagement.

In 3rd qtr, we will get a much stronger read on the likelihood of 150,000 ounces.

So far management seems to be conquering problems in a serial fashion.
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