Yukon Nevada Gold Corp T.YNG

Financial Statements

[AIMer300]

I was looking at the most recent Consolidated Financial Statements, and Management Discussion and Analysis.  I noticed something that made me wonder if I am seeing right.  For Q4 2008, the Net loss per share was $68.64.  Is there anyone here who could offer an explanation of what that means?

[romara]

I just had a conversation with someone at YNG about the Q4 - 2008  Net loss....they are going to check it out....it seems to be a typo.....They are re-checking the books....... Richard.

[AIMer300]

It could well be that the Q4 2008 Net loss per share of $68.64 reported in the Financial Statements is a typo.  We'll see what the company has to say about it.I looked at the Statements for less than 5 minutes and that number jumped out at me; so, I find it hard to believe that no one in the company noticed that number before.Anyway, for the good of all shareholders

[caldernet]

If it really says $68.64 loss per share that would be a net loss of over $20 TRILLION dollars.If it ain't a typo then Yukon Nevada is going to single-handedly cause the collapse of the world's economy.I'm certain it's a typo.

[AIMer300]

TRILLIONS ?No...that's not correct at all.In Q4 2008, the number of outstanding shares were 197,775,000.197,775,000 x 68.64 Net Loss Per Share = $13.6 Billion.

[caldernet]

Right right...not trillions. Too many zeroes...lost my comma

[romara]

AIMer300....I have been informed that it is a typo....The CFO is glad someone reads his reports...........Richard