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

TSX:YNG - Post Discussion

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Post by prospector7 on Aug 18, 2011 9:15am

Re Re

After this last NR I just wanted retail to read it carefully and understand that point Artie. We have been around long enough to know this play like the back of our hand. YNG has to take care of the creditors any way they can, or we all know what happens. After all the crap that has happened the last few years in the markets in general, be very careful where you put your $$ folks. You don't see many buyers out there these days. JMO GLA
Comment by goldpet on Aug 18, 2011 10:09am
I would contend that there's not a lot of buying in the junior mining sector right now anyway. Hopefully that will come later in the year. I wouldn't disagree that DB and the YNG creditors are making out very well in this deal. That's unfortunately just the way it goes, but I believe that in the longer run YNG shareholders will do well, as this deal should provide the needed capital to ...more