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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by goldpeton Jun 18, 2012 2:30pm
265 Views
Post# 20026745

RE: RE: I'm kind of surprised we're not seeing

RE: RE: I'm kind of surprised we're not seeing

I agree 100%.  It's probably going to take one quarter, maybe two of proving that they are cash flow positive to bring retail investors convincingly back onboard.  It may not, however, take a bigger fish that long to realize that YNG is undervalued and holding a lot of valuable assets that they would like to own.  So, when the share price hits .50-.60 cents we could be a very attractive takeover candidate in .90 - $1 range. 

Remember the company's poison pill is no longer in affect, so a hostile take-out is possible.

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