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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Bailing out of the junior gold sector
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Post by wisdomplease on Feb 14, 2012 11:14pm

Bailing out of the junior gold sector

I have been long suffering with so many junior gold equities for nearly 10 years now.  We all know the story. I always liked YNG  (previously Queenstake) given it is a producer etc etc but I bailed OUT today.  The company seems to be accident prone and the sector has proved to be a giant LOSER. I called gold right many years ago BUT have been skewered on virtually all my gold investments except for good old GLD - the pure gold ETF. Funny....

Onward and upwards.

Honestly, good luck to all of you hanging in there. I'll be watching over the next X years to see if I did not have enough patience. 10 years and I call it quits. I would have thought I would have been rewarded after all this time.

Comment by wisdomplease on Feb 14, 2012 11:18pm
BTW - junior oil & gas much better opportunites - esp with how LOW natural gas prices are. Some very promising plays including PMI (check out the latest news on this AND how "low" stock is), TAG Oil, Bankers Petroleum (latter two are not juniors but emerging big market companies). Much better "high risk" sector in my opinion vs long suffering gold exploration companies
Comment by exgoldminer on Feb 15, 2012 8:34am
Clever sort like you should copy and paste your message to EVERY junior gold forum. You'll make millions! You should go do something about the junior oil and gas situation.
Comment by MrGRP on Feb 15, 2012 10:15am
Too funny ....  you must have read his other postes as well or are a fortune teller :-)
Comment by exgoldminer on Feb 15, 2012 10:22am
Yes, MrGRP, pretty obvious who it is. Same pattern: drinks too much until around midnight and then gets "clever" on the computer. Rather pathetic.
Comment by MrGRP on Feb 15, 2012 11:41am
Yes a man of many faces and yet one more goodbye :-) I see the traders are still enjoying playing with YNG, some buying short and some making the penny's on a day to day swing. I see the total shares traded per day are going down so I would suggest the share price will follow shortly.  But will see ... Best of forture to all