Yukon Nevada Gold Corp T.YNG

YNG OFFER TO TAGLISH OFFER SHOULD BE ACCEPTED

[goodtoreadthis]

YNG warned TLHGF stockholders not to accept the offer made at the beginning of the month by another co.; and then came forward with a well reasoned offer to Taglish. The $60 mil from non-ferrous will more than cover Ketzka development and will take the taglish holdings a long way forward. Basically each offerer is promising Taglish holders $60-67 mil for a three party owned "new co.".  With 157 mil shares fully diluted, the offer represents .42 per share for each Taglish share. Given that the cost of gold production from taglish assets is expected to be about $220 per ounce, that premium is well justified.

YNG will continue to hold this asset as an underlying additional asset. Good for all sides in my view.

Well done Mr Baldoc. Organizationally, YD's Yukon assets would all be under this "New co." umbrella.

[arthur7440]

    That was a wonderfull post, & I sure hope it works out that way,   I quess the market has not seen it that way yet,               It would be a great time to load back up with some YNG or Tagish shares

[goodtoreadthis]

If you want to find and understand Taglish view of this, the correct symbol is THLGF not TLHGF as I originally posted it. The best data comes from the Taglish website at taglishgold.com.

[arthur7440]

https://designersi.com/users/17292/downloads/TLG_8_23_10.pdf

[aristoenigma]

YNG will continue to hold this asset as an underlying additional asset.How much will be left for YNG to  hold? How much will Tagish have to be given? How much will the Chinese company take?

[talkswitch]

 that's whay i think the proposal doesn't make any sense. full control of all the assets, including 60M cash, Katza river, and TLG's properties, is the only thing the proposal asked for.  They don't even bother to tell what's exactly in it for NWM, TLG and YNG. what kind of proposal is that!

[aristoenigma]

Ketza River contributed to a multi hundred million dollar valuation of YGC Resources in 2006/2007 before the merger with Queenstake. That was only the early development of the Ketza Manto and Shamrock. Then things got a bit sidelined /deferred by the merger. What value could have been further developed in the last three years without the Queenstake diversion. Then you have Tagish Lake. There was

[arthur7440]

  Aristo    You have made a very interesting Post,  and it makes you wonder,  Maybe an e-mail to Bobcock for Thursdays Conferance call could help answer that.  And then will we get a true story?     I have been on a few of these Conferance calls,  and find out at a latter date, they were full of holes,   send the e-mail

[downer27]

I wouldn't sweat it Aristo.  Ketza River's gold content gets smaller the more they drill it.  Seems like they have put over fifty million into that place since Dickson was running around telling people at gold shows in 06 and 07  that they would be producing in 2008.What happened?  An estimated 1.8 million ounces at Ketza River has shrunk to around 600,000. 

[arthur7440]

                I have to agree with you Mr Downer                   But I would like to hear what Robert Baldock our CEO has to say,  If their is a transcript of the conference call, I will keep it this time as a reference, and