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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Settlement
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Post by caddo on Oct 06, 2010 9:00am

Settlement

This is from the Elko News

"They have not offered to pay full severance or medical," lawyer Travis Gerber of Elko said Thursday.

Well the news release to me and others looks like it was leaked from YNG HQ trying to force a settlement. Something sure isn't right. I doubt that the settlement only involves attorney fees. I bet Hard Rock miner could give some real insight, but that would not set well with some on today's  board. It seems if the statements don't come from YNG management they can't be real.

But how can you or I know for sure ?

I stopped calling that lying bunch of crooks in August 2008. That includes their chief counsel. Now if want to believe everything they say that is your option. I and others on this board caught them putting out un-truths long ago.

Just an example, I went back and read YGC reports on Ketza. They were supposed to be in production at $1000 gold.

I still own my underwater YNG shares.

Caddo
Comment by downer27 on Oct 06, 2010 9:35am
actually Caddo, the lying bunch of crooks said Ketza River would be in production in 2008.i am betting never is the real date.I wonder how many people went into bankruptcy in 2008 - the medical payments due to ex-employees were huge!At least Graham Dickson is getting paid
Comment by caddo on Oct 06, 2010 1:05pm
Yep. They raised 76 million of the promised 80 for Queenstake. Spent 13 million on Ketza early in 2007. Raised another 10 million in the fall of 2007 to spend on Ketza.I don't think they ever actually spent the promised 80 million for Queenstake/JC. I know they sure didn't put Ketza into production as promised. But heck, I have posted all this years ago.What was that other Yukon disaster ...more  
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