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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Interesting
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Post by HardRockMiner3 on Jun 11, 2009 11:27am

Interesting

The YNG website no longer describes the company as a gold producer.

"Yukon-Nevada Gold Corp. is a North American gold company in the business of discovering and developing gold deposits."
 
AND, on the About Us page they go on about their focusing on bringing its wholly owned Ketza River property back into production.  No mention of Jerritt Canyon.

I have to think there is way more to this story than is being told.  Maybe they are at the point of either fish or cut bait.

With this group it's probably more a timing issue of when to cut & run.
Comment by romara on Jun 11, 2009 12:41pm
HardRockMiner3....I sent your post off to Nicole for clarification....this is the reply I got back ....so I take it they are going ahead at Jerritt Canyon Mill and Mine .....Richard Vancouver, BC - June 11, 2009 - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt XetraExchange: NG6)announces that itssubsidiary, Queenstake Resources USA, Inc. (" ...more  
Comment by HardRockMiner3 on Jun 11, 2009 1:25pm
Richard, Nicole didn't address anything with that reply.  Reply with the press release?  That press release is nothingmore than spin words by the new CEO to cover the new COO's butt.  She can't reply anyway, no one told her what to say yet.The new COO brings his dog to the mill site, is that the MO of someone that plans to get some work done?
Comment by talkswitch on Jun 11, 2009 1:39pm
once they recover a good portion of cash from this wrong investment, they will cut & run. it will happen in the near future. but not now.
Comment by romara on Jun 11, 2009 1:45pm
HardRockMiner4.......you have to believe in something...I posted that because they are saying that they are staying at Jerritt ...it was about commenting on the post that says otherwise...The only other sure thing in the market these days is going to be the undertaking business if this swine flue gets out of hand...today they raised it to a pandemic alert level....so my money is either going to be ...more  
Comment by jimvicki3 on Jun 11, 2009 3:19pm
  Saw said........ I've heard through the grape vine that Graham tried to buy Golden Eagle, with a ...more  
Comment by talkswitch on Jun 11, 2009 3:31pm
people ran that mill, run it down to the hell. this happened long before Graham in the game.
Comment by HardRockMiner3 on Jun 11, 2009 8:20pm
Never the less, the mill ran, and gold was poured.  Long before he got there until shortly after his arrival.
Comment by POG1200 on Jun 12, 2009 3:26am
Does anyone know why all operations were shut down last Friday?Thanks,G.
Comment by romara on Jun 12, 2009 8:41am
POG1200....it's all in the news item ......Richard“There are pretty serious corrections that need to be made, not justthe roaster. We just can’t allow them to continue processing,” NDEPspokeswoman Jill Lufrano said this morning.The agency’s list ofcorrective actions still to be done includes fixing leaks in processingequipment, for example, although the main action was installation ofnew ...more  
Comment by POG1200 on Jun 12, 2009 9:44am
Are these other fixes expected to be accomplished before June 30th too?Thanks,G.
Comment by doubledubya on Jun 12, 2009 4:31pm
Original Quote:"Saw said........I've heard through the grape vine that Graham tried to buy Golden Eagle, with a couple low ball offers.  They said no, so they broke the contract (or cut off their nose so to speak)."What a crock of BS....You tell me how YNG "lowballed" a company with a market cap under $2 million!?This guy clearly has something to gain by YNG ...more  
Comment by downer27 on Jun 12, 2009 4:45pm
2xw, ya reckon they have $2M?
Comment by jimvicki3 on Jun 12, 2009 5:35pm
What can I say...that's just the way I got it..That's why I asked Arthur if the rumer was correct.You get a lot of strange stuffAre you sure DD that Graham never did that..if so ..then it's  just another rumer