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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by downer27on Jan 17, 2011 1:10pm
333 Views
Post# 17984399

howe street, vancouver

howe street, vancouverThe "new management team" is employing the oldest Howe Street trick in the book.

They lined their pockets with millions and millions of cheap warrants and stock options and are likely going to CREAM you shareholders that bought in at 20 cents, 38 cents, 46 cents or whatever.

Their forecasts for gold production are simply not doable unless somebody gives them orebodies for nothing.

I hope I am wrong but I see about two to ten people making all kinds of cash on this and the rest of us just blowing in the wind.

The year-end financial statements should be a good read - wonder how close they are to their 150,000 annualized gold production.

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