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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by otcmoonboundon May 04, 2011 1:01pm
438 Views
Post# 18529543

RE: RE: Interesting YNG Take

RE: RE: Interesting YNG TakeInteresting fantasy.  The warrant inducement was "disappointing" so I don't believe the warrants mentioned here were exercised.  Regarding financing, $150 million is no small chunk of change and YNG is desperate.  If they manage to get it done, the dilution will be ginormous.  Finally, the recent projections for this year are contingent on the capital program ain't gonna happen unless they raise money like yesterday.  So figure lower production and higher cash costs....and of course more losses.
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