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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by Iceshaveron Feb 01, 2011 12:18am
595 Views
Post# 18053199

Re Re Insider Trading CFO COO

Re Re Insider Trading CFO COO Thank you Downer for your  post.  Your post rang a loud bell, so I went back to my files and found this.  In  April, 2008, the then YNG CFO  exercised a large block of YNG  "OPTIONS"  for a
.60 share price, and then promprtly sold those shares for near $1.75. Note the date, "APRIL 2008".  Shortly after that, he resigned and left YNG.  By mid  October, 2008, the YNG share price  was
.03.    Yes, I do  have the name and the dates in my files.  Many  angry opinions were expressed by many YNG shareholders at that time.   Downer, for some strange reason, I share  the  concerns you express in your post.         
  Do you remember the Queenstake share price, when YNG took over, and we had to give 10 Queenstake shares for one YNG share?  The Queenstake share price was then  near
.15.  Today it is worth less than half that!!!  As I stated previously, YNG will make a good "CAPITAL LOSS"  to balance some "CAPITAL GAINS", so it is not a total loss!!!!    But I am PO'D.            Cheers            ICE
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