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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Here is the quarterly report
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Comment by arthur7440 on May 18, 2010 6:59am
WebBroker Alert ======================== Yukon-Nevada Gold Corp. 2010 first quarter results cnw VANCOUVER, May 17 /CNW/ - Yukon-Nevada Gold Corp. (the "Company") (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) today announced its financial and operational results for the first quarter ended March 31, 2010. This information should be read in conjunction with the Company ...more  
Comment by arthur7440 on May 18, 2010 7:10am
  Making Money??????????              The Company had a loss of $51.4 million in the first quarter of 2010        compared to $5.2 million in the first quarter of 2009. The increased        loss primarily arise from the $43.6 million financing charge related        ...more  
Comment by romara on May 18, 2010 8:40am
Artie, Thanks for posting...yes we have a big loss again...and as you and the financials say ,mainly to financing cost of the Inducement Warrants. This to me is a book keeping loss not like the Gold Sales of $USD10,158,000, and the cost of the Gold Sold $USD13,473,000 for a loss of $USD 3,315,000We all have been expecting  a first quarter like this, but things have turned around...all big ...more  
Comment by arthur7440 on May 18, 2010 9:07am
 To get out of the Red & Into The Black, it may take 3-4 Quarters and if they need more money?? we might never get this thing turned around,
Comment by romara on May 18, 2010 9:21am
Artie....I can still keep positive.....I'm in the money on my shares...and I am still here......You can't suddenly stop a speeding train...it takes time....I believe we will get into the black sooner then later  I haven't had the chance yet to read the latest MD&A...but I will this morning .......Richard
Comment by arthur7440 on May 18, 2010 9:54am
I believe we will get into the black sooner then later  I have been waiting for 7 years, And I keep hearing about the speeding train,  only it;s called other names, You know Richard I have averaged down for years,  I averaged down  35 cents,  a few years back,  That 35 cents after the reverse split is $3.50  and I have averaged down may time since,  ...more  
Comment by MrGRP on May 18, 2010 10:03am
goodness Artie .. can't you ever be positive ... or at least just hold on and wait and see ? In my opinion and a lot of others at least things are going in the right way .. being always negative certainly can't help anything ! I can only imagine what new shareholders that find YNG and this site think when they read negative posts ! don't we all want this company to take off and make ...more  
Comment by MrGRP on May 18, 2010 10:06am
Artie .. I am sure anyone that has ever been on this site knows that ... but please just let it go .... some of your posts are very helpful to read but your negative poison posts don't help anyone including you as a shareholder ! nor me or other shareholders !
Comment by Schill on May 18, 2010 11:09am
romara,"This to me is a book keeping loss not like the Gold Sales of $USD10,158,000, and the cost of the Gold Sold $USD13,473,000 for a loss of $USD 3,315,000"Sorry, my english isn't good enough to understand that sentence. What does it mean?
Comment by romara on May 18, 2010 12:17pm
Schill, If I can explain some losses are different then others losses...first they mention about the financing losses from the warrants and the Inducement Warrants ......That would have to be explained to me ...because that is money in....but maybe they take that from what the market price would be? I will find out by calling someone, The CFO. He will call me back and then if it is explainable ...more  
Comment by talkswitch on May 18, 2010 12:58pm
there are fixed expenses, such as salary, renting fees etc. below is my calculation:A. ounces  produced  = 9,258 ounces B. gold slates = $usd10,158,000C. cost of the gold sold = $usd13,473,000 => D) price of the gold sold = $usd10,158,000 / 9,258 ounces  =  $usd 1097.21 / once=> E) variable per once cost (X) * ounces  produced +  fix cost per quarter (Y)  = ...more  
Comment by downer27 on May 18, 2010 2:00pm
Can one of you pumpers tell us all how long it will take to repay the $45.2 million in current liabilities they owe.Oh, and if you use $465 per ounce cost, you have drank too much kool-aid.
Comment by talkswitch on May 18, 2010 4:28pm
it's funny that you spend  time talk to pumpers. why would you care? 
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