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

TSX:YNG - Post Discussion

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Post by AIMer300 on Aug 29, 2010 11:04pm

strelioff

Excerpt from one strelioff's posts:

Bottomlineyou can not tap anyone for project financing when you are too busyfleecing the company.  Retail investors might not be able understandthe cash burn rate...but institutions do this for a living andcomprehend well.

Fleecing the company is exactly what has been going on in 2010, starting with the inducement warrants.  It doesn't matter how much these folks get in compensation, they seem to come up with ways of compensating themselves even more.

It would be great if there is a way to put an end to the fleecing of the company so that all shareholders could benefit, not just a small group of insiders.


Comment by bigNold on Aug 30, 2010 12:29am
what is the warrant count share count is over 600m
Comment by arthur7440 on Aug 30, 2010 6:37am
  It's  a Shame but True  Fleecing the company is exactly what has been going on in 2010, starting with the inducement warrants.  It doesn't matter how much these folks get in compensation, they seem to come up with ways of compensating themselves even more.It would be great if there is a way to put an end to the fleecing of the company so that all shareholders could ...more  
Comment by downer27 on Aug 30, 2010 11:34am
One of the most intelligent posts I have read in a while.Fleecing is what they do for a living.  Get a short-term pop on share price via numerous "pie-in-the-sky statements" so Dickson and Baldock can cash in 24 million stock options and the European investors can make INSANE cash on the 50 million (or whatever it was) inducement warrants at 12 cents.Anyone have a photo of the pigs ...more  
Comment by arthur7440 on Aug 30, 2010 12:15pm
 Man Eating With Pigs at a Trough -
Comment by bigNold on Aug 30, 2010 4:51pm
An ideal environment would be a company that pays its president or CEO say, $100,000 a year with a boatload of options—not a quarter million dollars a year plus unlimited expense accounts plus a boatload of options, where they make out no matter how much money they destroy for others. Bob Moriarty: Due for End-of-Empire Do-Over?  ...more  
Comment by downer27 on Aug 30, 2010 8:45pm
This guy actually used to be a believer in YGC (now YNG).I wonder if he is at all jaded?excerpts from July 2010 interview (BM is Bob Moriarity) - reprinted from BignOld post:TGR: Let's shift to some more solid ground—gold. In our last interview, when you were talking about juniors, you said, "The more projects I go to, the more cynical I tend to get. I don't believe for a minute that ...more  
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