RE: RE: RE: RE: RE: RE: RE: RE: RE: Big drop today I am not sure there is an appetight for any other gold producer to take over YNG. I think they have probably had a lot of opportunity over the years. It is a different story now with all of the money and upgrades put into the company but still it is a low share price.
I am not convinced YNG will get to $2.00 per share ! They have some good prospects and at one time I could see it hitting $4 plus per share but now with such a dilution of shares I think $2.00 may be the top and maybe $1.50 is more of a reality. There are many different calculations out there but the one I posted some time ago that took everything into consideration and reached a conclusion of $1.50 per share made most sense to me.
But never know .. it could be worth 1.50 and people could get caught up in the fury of buying and it could hit $2 and settle back to 1.50. but I think that is a long long ways off !!! But those are just my opinions and observations considering progress made, potential and share dilution.
I am certainly no expert !!!