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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by MrGRPon Jul 28, 2012 12:07pm
237 Views
Post# 20162061

RE: Stock price

RE: Stock price

dsind .... playing the stocks is a risk and the lower the price of the share, well that is usually for a reason and more risk. People are buying into a gold mine, well several gold mines actually with a now refurbished mill that is cabable of huge amounts of gold production. you are buying that in the .30 range per share

If  you read a lot of the history of this stock you will see several indicators which explain why the shareprice is as low as it is. I don't think many people would not agree that the stock price seems to be undervalued but the past issues with the company and the present issues with the economy are keeping the share price down. That and the banks playing and shorting the stock big time.

So in my opinion and the opinion  of many, this company will continue to work and fix what is wrong and should shortly be operating at much increased levels of production and soon have the books out of the red.  All of these things do not happen over night and in fact have taken years.

When you get into a stock like this one and for this price you have to expect that you are probably not going to make a killing in a hurry. Wow I know Jr stocks that don't even have any assets that sell for more then this one ... so you have to be prepared to hold on and wait for things to happen. That is the way with most of the stock market unless you are a very fortunate person.

So .. guess you have to decidee what you are looking for in a stock and make sure this one or any you buy are right for you. Yes they can be very frustraing and as a long time investor in this stock I have had many frustrating days like yesterday, but I also a while ago I  turned a large amount of money on my investment with this company and then bought back in when it went down.

I believe the share price will increase considerable, it will be limited by the amount of outstanding shares and it will be controlled by the price of gold and the economy.  The company may also get bought out ? who knows .... That is what you have to learn from your research and then make an informed decision if it is the investment for  you or if it is one you are willing to invest your hard earned money into   

Best of fortune to all .... Gerry 

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