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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Post by Stockbaggeron May 16, 2012 11:11am
354 Views
Post# 19915352

Forward Contracts

Forward Contracts

Any stockhouse demigods with extensive gold expertise like to comment on these Forward Gold Purchase Agreement with Deutsche Bank AG ("Deutsche Bank")?  Even a mere mortal can see how dim witted they are.  Why the fire sale prices on forward contracts?  Hard to move forward when you are pulling ten tonnes of $#^$ behind you.  4 years from now gold may be $5000 and ounce and we are selling under $700 to Deutsche.  I don't get what this crack jack team is up to?

 

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