Yukon Nevada Gold Corp T.YNG

BNP Paribus is earning it's fees

[goodtoreadthis]

BNP is one of the most respected banks in EU. They started the Wall St collapse when they would not go along with Lehman's falsehoods related to sub-prime mortages securitization and write off $1 Bill in Lehmam trash in stead. This is a mini-hedge of 1000 ounces of gold, a loan with 5% coupon, and a sweetener  requiring the stock price to go to .40 before the warrants are in  the money. The Lichtenstein/Orefer faction is beginning to show it's value. It is amazing what happens when "old money" buys into something.

So this is another breath of fresh air for YNG.

[romara]

goodtoreadthis....I don't think BNP Paribus is involved in this transaction....Sprott is the 2nd largest shareholder in YHG...and probably have a director, or two on the board. If Sprott is in for 25 big ones....and they get paid back in equivilant 1000 oz Au price every month....things must be moving....and Sprott knows that...that's why they are in. They are not a charitble institution..

[downer27]

Can you send me what you are smoking?The same company that produced 100 ounces per day, or around 9,000 ounces in first quarter of 2009, is going to multiply production by 10 and produce over 300,000 ounces per year?If that was the case, they wouldn't need $25 million in the first place.you are such a pumper

[downer27]

100 ounces a day in first quarter of 2010 - i think they had the big nil in first of 2009

[wideboy99]

downer syndrome.they let you use computers in rehab?you are not a stockholder so bug off looser/

[goodtoreadthis]

HiEven if the idea originated with Sprott, the actual deal has to be structured and established in a way to benefit the best interest of YNG or all kinds of self-dealing lawsuits would immediately be filed. Sprott may have said "we are interested in enlarging our position, depending on the deal being structured in an attractive way." In that instance BNP Paribus did all the work. It

[MrGRP]

Well I am no expert to reply to why they need more money but I can tell you running and moving a company forward is not a cheap operation ! To me they are going at it by moving all in .... there have been several significant changes with this company and their plan seems to be to open two more mines in Nevada and open at least one of the mines in the Yukon .... that is not cheap and I like them

[romara]

goodtoreadthis....good enough for me.....a lot of the dilution was from raising funds just to keep the lights on, pay wages, get the mill and mine operational....this was a bit iffy at first ....we could have gone under if ORIFER SA hadn't shown up .........Richard

[aristoenigma]

Down's Syndrome is not a joking matter. I am offended by your post. There are a lot of families affected in a big way by that disorder. I know for a fact they don't consider it a laughing matter.Come on if you are going to engage in discussion here try to keep at a mature level. If you really had  a lot of $ invested in Yukon-Nevada you would act at a decent level on blogs. You were

[MrGRP]

Downer ... that is about the most intelligent post you have ever written .. wow did you show your true colors !@! and you posted something that made us all happy .. that you would not bother wasting your time here again until the second quarter financial statement are published ..Well Downer .. you could even do better then that ... don't bother spreading your negative BS till after the 4th

[wideboy99]

aroggantenigma.Bug off.too.write someting useful.