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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > and besides
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Post by Big_Dmac on May 15, 2009 10:28pm

and besides

there's nothing we haven't already learned in this report really.....I'm not surprised by any of it anyway........not much downside risk really so in this day your taking the same gamble if not more of a gamble with 90% of the other companies...If it scares you go and buy barrick or something.


He who has faith gambles a little!

Have a great long weekend everyone!

GLTA  DMAC
Comment by majortom75 on May 15, 2009 11:05pm
Dmac,That line in addition to this one: "The cash on hand at March 31, 2009 is not sufficient to maintain the ongoing operations of the Company for more than six weeks."indicates a certain risk and I think my question was perfectly valid. I was looking to solicit feedback from other board members on how they interpret the results and the risks and not on whether management believes ...more  
Comment by downer27 on May 15, 2009 11:35pm
I surmise the GBG toll milling agreement of 11600 tons at $88 per ton will generate enough cash to solve all problems - that $1.02 million will be awesome.....
Comment by Big_Dmac on May 16, 2009 12:17am
I never said your question wasn't valid but the only invalid question is one that isn't asked. I like seeing and reading questions even if I don't answer them...it breeds discussion. You wanted feedback .........there it is majortom. I didn't mean to offend you if I did. But then again nothing I say should really matter........it's your money.......dyodd.DMAC 
Comment by romara on May 16, 2009 8:29am
majortom....you are reading something that is history...If you had been here, and read, you would have seen that they have been pouring gold for the past month or so. As per the NR's they are pouring about 2000 oz. of Au every week.And if you read the last NR...you would see they have taken on a contract to do toll milling for another mining company. Once the final piece of mercury scrubber is ...more  
Comment by majortom75 on May 16, 2009 11:16am
Thanks for the responses Dmac and Richard. I haven't been trading very long and wanted to hear what guys with a little more experience at reading and interpreting annual/quarterly reports had to say on what they read. Incidentally, it looks like I missed the line where they indicate that they had 1M in cash or cash equivalents on May 13th. If I hadn't missed that line I wouldn't have ...more  
Comment by romara on May 16, 2009 11:22am
majortom....you will find this board is civilized, and most posters try to impart info to all....we haven't been hit by the bashers or "kids" yet.....enjoy......contribute........Richard
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