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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by ecl61on Feb 05, 2011 10:30am
532 Views
Post# 18080911

RE: news

RE: newsPlease note this press release confirms what I posted last month.
I was entertained by being called a "pumper" when I posted relatively negative news of the weather caused shortfall in operations. The warrants being exercised are in my calculation of capitalization. I am not entirely sure but hopeful the 18% discount will be enough to allow most of them to be exercised.
The main asset for the company was mentioned in the press release-the mill to process refractory sulfide ore. I look for announcements of purchase of assets of such ore to feed the mill.
Short term some of the warrant holders may sell stock to finance their purchases. I am not looking for positive price action this coming week. Sorry to betray my "pumper"  persona posited by the wounded souls who dominate this board.
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