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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by aristoenigmaon Aug 24, 2010 4:19pm
284 Views
Post# 17379394

RE: RE: RE: YNG OFFER TO TAGISH OFFER SHOULD BE AC

RE: RE: RE: YNG OFFER TO TAGISH OFFER SHOULD BE ACKetza River contributed to a multi hundred million dollar valuation of YGC Resources in 2006/2007 before the merger with Queenstake. That was only the early development of the Ketza Manto and Shamrock. Then things got a bit sidelined /deferred by the merger. What value could have been further developed in the last three years without the Queenstake diversion. Then you have Tagish Lake. There was some sort of low ball offer months ago in the hundredth  of a cent range because they were bankrupt. Now the shareholders there are screaming for blood and there is a bidding war started with another company. How much will we(read YNG SHs) have to eat to get that asset? Is it really worth anything much? The Chinese are putting their wallets to good use. How much will they slice off? At the end of the day I hope the CEO is a good steward of YNG's assets/jewels. To say we should get the Lion's share of Newco is my understatement.
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