Yukon Nevada Gold Corp T.YNG

RE: RE: every 10$ up in gold

[lecoste]

I would not be so sure. Let's run some (not so hypothetical) numbers, shall we:

$10 per 200,000 oz/year equals $2,000,000 of extra net earnings.

$ 2,000,000 times 10 (average FCF for senior producers) equals $20,000,000

divided by one billion shares equals $0,02 sp gain per share

Now multiply that with your number of shares, lets say e.g. 500,000. Gives you $10,000 of extra earnings.

Don't know bout you but $10,000 figure much to me.

;-)

 

regards lee