RE: Creditors Protection Extended to November 3, 2Art a question. If Taggish restructuring is agreed, What happens to the 41% share holdings that YNG has in the company. If those shares are not preferred shares they would be worthless after the court approval for the restructuring. I know about common shares are worthless as i have had a few companies i owned restructure making the shares worthless to the shareholders.
What happens to that part of this sinario for YNG? They must be in this for the gold value because it is not a positive thing for there company business going forward to be attached to a company like Tagish Lake that is going bankrupt. To me it is a liability but maybe YNG managment and YS Mines ( China ) see opportunity. Whats your thoughts on this whole mess at Taggish Lake Art ?
The core business plan for YNG is still the Nevada Mine. Amen to that