Yukon Nevada Gold Corp T.YNG

Mining Quarterly - Elko Nevada

[romara]

Here is an article posted today....we know all about it .........Richard

Dickson on Monument board

Published: Friday, July 3, 2009 6:03 PM CDT

ELKO— Yukon-Nevada Corp. Chief Operating Officer Graham Dickson has beennamed to the board of Monument Mining Ltd., according to a recentannouncement.

Yukon-Nevada President and Chief Executive Officer Robert Baldock is also president and CEO of Monument Mining.

Hereplaced Dickson in those Yukon-Nevada positions, and Dickson took overas COO to focus on Jerritt Canyon Mine operations north of Elko.

JerrittCanyon shut down its roaster operations at the end of May and then shutdown all milling operations in June because the mine didn’t installmercury monitoring equipment by a deadline set by the Nevada Divisionof Environmental Protection.

Baldock said in June the equipment was on order, and the company hoped to restart the mill once the new equipment is installed.

Spokesman Nicole Sanches said in an e-mail Thursday that the mill hasn’t been restarted yet.

Alsoin June, Yukon-Nevada dismissed contractor Golden Eagle Internationalin June and was taking job applications to operate the mill throughYukon-Nevada subsidiary Queenstake Resources, rather than through thecontractor.

Golden Eagle had more than 80 workers at Jerritt Canyon.

“Weare pleased to have Mr. Dickson join the Monument Board of Directors,”said Monument Chairman George Brazier in the Monument announcement onDickson.

“His experience and the fact he is a miningprofessional complement the present board and is invaluable for ourSelinsing gold mine development currently being undertaken inMalaysia,” he said. — By Adella Harding

 

[arthur7440]

                    LOL

[aristoenigma]

Hang in there Arthur. I have a very good friend who had both QRL and YGC. He served in WW II and saw lots there. He's seen a lot of suns rise through an interesting life. He is a really cool character. His view is that everything will like most he has encountered will turn out for the better. That attitude got him through a lot of thin and thick in the past.  He's got two standout

[arthur7440]

 Aristoenigma          thanks for the heads up boast, I thank that way myself,  like the time back in 1991-93  I had a mortgage company (financial services) 2nd & 3rd Mortgages, I lost $22.000.000.00 of my own money,I keep myself happy happy,just thinking after 7 years of courts and bankruptcy/s Not me, just the ones who lost

[aristoenigma]

Whoa Artie. 22 million dollars. Adjusted for inflation that's a whack. What happened? Did you lock into high interest money hen the prime was up near 10%? Ouch. And this was when property values were slowly starting to  the upside again.

[arthur7440]

   1992-94                       Some  million dollar plus  homes dropped almost 50%     the banks took a big hit,  and a few Trust Companies went under,  including my company,  some banks and trust companies let , people stay in the homes