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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > predictions?
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Post by flumby on Feb 01, 2012 12:45am

predictions?

So 1 year ago we were three times higher in share price. Today we are further along to sustainable profitable and increasing production, so were we too high last year or are we screaming too low now?
Comment by goldpet on Feb 01, 2012 9:44am
IMO it was definitely expectations being too high last year. The plant was not in good shape then and had to be refurbised. Hopefully that's done now and the corner's been turned. I think it's going to take time to get the market's confidence back and that may take two or three quarters going forward, but I think eventually the shares move much higher.  JMO
Comment by MrGRP on Feb 04, 2012 9:29pm
A very good question Flumby.  Last year the  milll was still making its come back. It had gone from being closed during the recession, shut down for a long period of time and then re opening. The mill once had a pretty good reputation but was always on the building stage. It never totally got off the ground and during the claw back of the recession and lending could not even continue ...more