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YALE RESOURCES LTD V.YLL



TSXV:YLL - Post by User

Comment by Go4Shinyon Feb 20, 2013 4:59pm
280 Views
Post# 21018919

RE: RE: RE: NEWS...

RE: RE: RE: NEWS...

"I'm so glad you're happy with the progress (or lack of). This money will go to cover a few years of Ian's salary, nothing more."

What would you suggest?  Wrapping up the company and calling it a day?  Or issuing a bunch of shares under $0.05 to undertake a project no one in the "smart money" herd cares about?  Look around, there aren't too many happy stories in this sector right now.  That's not going to change until the mainstream money moves back in.  In the meantime, Ian is still working in the background and Yale is moving forward albeit slowly in this market but it's not going back to the shareholder for more money every 4 months to keep the lights on.

The market isn't terribly efficient at recognizing the value of juniors and that's too bad.  What's changed with this company from when it was trading over $0.10 in 2011 and now?  Same share float, same business plan.  This business sector is unloved right now.

This is a project generator model and I think this is how it's expected to operate given the current market.  If it doesn't suit your needs please look at the other models.

Best of luck to you.

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