Yukon Nevada Gold Corp T.YNG

some ones opinion

[jimvicki3]

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	Lojiko		Share	Thursday, December 30, 2010 10:35:25 PM
	Re: jalbiglog1 post# 28			Post # of 32

jal, you probably watch YNGFF more than I do. What's your opinion of a valuation based on earnings? I was looking over the most recent corp presentation and, based on projected production of 250K ozs in 2011, at $1300/oz and $580/oz costs, that's $180M / 1B shares fully diluted =
.18/sh * 10 or 15 depending on how optimistic you are and you get about $1.80 to $2.70 per share.

However, that goes to 400K ozs in 2012, 650K in 2013, 800K in 2014, and 950K in 2015. Based on aforementioned valuation, assuming no dilution no increase/decrease in costs, we get a projected SP of ...

2012 - $2.88 to $4.32
2013 - $4.68 to $7.02
2014 - $5.76 to $8.64
2015 - $6.84 to $10.26

How realistic/reliable do you think these projections are? What's the expiry date on those 258M warrants? I'm thinking PTQMF will go farther, faster, but w/o good long-term projections, I'm tempted to take a stake in YNGFF in that it seems like a surer bet.

Why doesn't this board have a mod? This board needs a cool iBox.

PS - I wish I would have bought this six months ago!

"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." -- Thomas Jefferson