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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by downer27on Feb 05, 2011 3:38pm
503 Views
Post# 18082035

RE: RE: news ----> translation

RE: RE: news ----> translationFrom where I sit, the news release might as well have said,

"We are having cash flow issues.  We can't finance our capital expenditures.  We are not meeting our production forecasts.  Please help us out by exercising millions of warrants and diluting the stock to almost 1 billion shares. Give us enough cash to stay afloat and we will continue making rosy forecasts, even though they will not be met."

ME THINKS THIS IS THE DOWNWARD PRESSURE ON THE SHARE PRICE DUE TO OPTIONS AND WARRANTS (CALLED IT!), BUT A LOT EARLIER THAN ANTICIPATED.
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