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Yukon Nevada Gold Corp T.YNG



TSX:YNG - Post by User

Comment by Combo9on Sep 22, 2012 3:20am
350 Views
Post# 20398937

RE: YNG vs MMY

RE: YNG vs MMY

YNG much larger on just about any metric, resources, assets, production oz, etc.  However YNG also has massive amounts of debt in the form of gold forward purchase agreements and will be repaying/servicing that debt until the end of 2015 at the earliest.  Overall I favor MMY at the current market cap.  I hold neither, and believe Q4 could be a difficult one for YNG due to massive debt repayments due and arrival of the first winter after the refurb.  imho

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