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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by aristoenigmaon Aug 09, 2011 2:42pm
220 Views
Post# 18922820

RE: RE: Hedging Gold

RE: RE: Hedging GoldMaybe the final deal is not in stone. Maybe there is some movement on the $1700 number given world events. The NR talked of intention to enter the deal. Maybe they can get a margin above the current gold price before the final ink.That would be reasonable imo.$2000 would be better. But I suppose DB wants reward for putting 100+ million dollars into the operation. DB is a careful group and 120 million dollars in today's world is a big number. They must have found "promise" in the due diligence. Again imo.
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