RE: RE: RE: US Listing and Consolidation I'm certainly no fan of losing shares, but I can't stand the petty stock manipulation/shorting/day-trading happening lately either.
The daily fluctuations of .01 to .02 on miniscule volumes -- then somebody buys 3 MILLION shares and the SP goes up a big .03. Wow. That's just BS, the kind you get with a penny stock. This is why YNG at present won't find any institutional investors.
Let them sell or JV the Ketza properties so no more shares have to be issued for further financing.
After a couple more quarters of sustained production, consolidate and list on AMEX. Go after a different target market.
There's untapped resources for open pit and U/G.
There's an awesome mill that can make cash just handling orphan sulphide muck stockpiles, let alone handle all the volume YNG can throw at it.
Other local outfits like Newmount, Allied, and Barrick have to be looking at YNG for milling and mineable resources in a stable political climate, unlike Africa, etc... Inevitable takeover target.
Like everyone else, I wanted to make money quick, but market conditions have changed and that ain't gonna happen, not quickly anyway. It will take a little longer, that's all, but it will happen.
A while back, I had an evening of downtime and read most of the posts from the past four years. I can see why some are angry and others are cynical, as a lot of questionable things happened in the past. But that was in the past under an old regime, nothing to be gained by rehashing old battles. Stop picking at the scabs.
Patience is the key indeed.