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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by otcmoonboundon Apr 26, 2012 11:46am
220 Views
Post# 19839038

I don't get

I don't get

all this talk about the reverse split.  It's an accounting entry.  It might affect the price in the short term but longer term it's all about delivering value. And besides, a higher share price is a good thing.  My trading transaction costs would fall by 50-70% after a reverse split.  Frankly, I don't think this issue has anything to do with the recent decline.  The mill is still not operating right.  The company is still not cash flow positive and won't be until maybe June.  Really??!?  After all the money they've plowed into this operation and it's still not cash flow positive with $1600 gold?!?!  It's just more of the same.  Delay, delay, dilute, delay, dilute.

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