Post by
Iceshaver on Jun 25, 2010 12:11am
Promised 2008 YNG Share Prices
Date Share Price
May 1,2008 1.40
June 2 " 1.24
July 2 " 1.18
Aug 1 " .95
Aug 8 " .54
Aug 15 " .28
Sep 2 " .22
Oct 1 " .12
Oct 27 " .03
Jan 2, 2009 .04
Mar 3,2009 .06
These are the prices for a 10 month period in 2008,2009. This is just a little over a year after YNG "acquired Queenstake in January 2007. This collapse was preceded by a real stack of very upbeat PRs . And many so-called positive posts by the YNG pumpers. You can see there may be some real concerns as we near the release of the YNG 2nd quarter Financials on August 15. Also, keep in mind that we are diluted to the tune of one billion, that's 1000 million, that's 1,000,000,000 outstanding shares. We were promised a production of 150,000 ozs of gold in 2010, and the first qtr showed a production of just over 9,000 ozs. As you can clearly see, YNG promises are cheap and very unreliable, so act accordingly. Good Luck. ICE