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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Promised 2008 YNG Share Prices
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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    
 
Comment by MrGRP on Jun 25, 2010 2:14am
I have seen these before Ice and again can understand your frustration ... but as stated before some of us belive things have changed and there are diffent forces in effect now then there was before. I don't expect the next quarter to show a lot .. if and when they move into full production from the mill it will not be until July .. they are still required to do the stack testing .. they are ...more  
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