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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by goldpeton Apr 25, 2012 1:43pm
175 Views
Post# 19834795

RE: Backsplit....What could happen

RE: Backsplit....What could happen

You make an excellent point about the timing of doing a reverse split.  IMO the only way it would work to our favor is under these two conditions:  1)  the company coming through with it's promises concerning the turnaround,  proving to investors/institutions that they have indeed turned it all around and  2) there being a strong in-flow of money back into the PM mining sector.  Both of those factors together might get the shares to a level that would get the float down, get them on some better exchanges, and attract some institutional buying.  That's the only way it  would work IMHO.  

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