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Bullboard - Stock Discussion Forum Yukon Nevada Gold Corp T.YNG

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Yukon-Nevada Gold Corp. reports third quarter resu
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Post by romara on Nov 14, 2008 7:39pm

Yukon-Nevada Gold Corp. reports third quarter resu


That's real ugly....as I mentioned earlier....it wasn't going to be pretty .....One thing though...If we didn't have this market collapse of the Jr's mining companies, we may still be at 4 or 5 cents anyway. We are really down in share price ....but we still have a mine and a mill ....lot's of other Jr's don't have either ....and no financing. Just look at GPR ....tons upon tons of silver ...but the mining and process cost is more then the price of silver right now ....lots of horror stories out there

If this G20 blows up on the weekend without them agreeing....GOLD will probably be KING ....something has to happen...lot's of talk about currency devaluation backed by partial gold backing to give the paper some backbone.

Probably the current US Administration will start printing greenbacks on toilet paper if the G20 falls apart ....so Artie ...hold yourself,  and maybe you can tell your grandchildren you used real greenbacks for personal use ....just my sick humour on a Friday night....

My glass is still more then half full....and things could happen in a hurry to fill it to the top....A lot of things can happen before Obama takes control ....if anything is left....

.....Richard
Comment by arthur7440 on Nov 14, 2008 9:09pm
 Hi Richard,   at least we are still in business! for how long I do not know, 
Comment by romara on Nov 14, 2008 10:01pm
Guys....we are not down and out yet....remember we have about 80,000 oz. of Au sitting in a pile of ore just waiting to be milled. All that has to be done is start up the mill ....take a front end loader and lift and dump the ore into the processing system.With gold  at , or about $750.00USD per oz times 80,000 oz. = $60 million $$$$ ...that's gross in more ways, then one. If the world ...more