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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > stock price!
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Post by Chrysler_Kid on Mar 23, 2012 5:39pm

stock price!

royal bank has yng forcast this year at a $1.50...other miners with less results are already higher?...yng is doing everything right and showing huge drilling results that shoud be resulting in big upside to stock price...so what is the disconnect here...hedge funds?...pushing the price down?...before huge upside?
Comment by exgoldminer on Mar 23, 2012 6:01pm
Wish I knew.   My guess for what it's worth, is the bigger investors are just waiting on the quarterlies that verify the turnaround. Then the big push will come. It's been said many times on this forum, but it makes the most sense to me. Meanwhile, there's the same handful of buyers quietly snapping up nearly a million shares daily - the calm before the storm. I don't ...more  
Comment by goldpet on Mar 24, 2012 7:58am
Is that $1.50 forecast from Royal Bank recent?  Just asking because if it's not that might be answer.  YNG is way undervalued here and IMO we just need to see the improved numbers for the next quarter or two before the shares move much higher.
Comment by TimeBuilder on Mar 25, 2012 1:44pm
We would be Happy, Happy at  only a 1.20.....holder since Apr 2006 and the old QRL days ... nice to see something positive happening with YNG for a very pleasant change. Regards to ALL holders, TimeBuilder
Comment by Chrysler_Kid on Mar 25, 2012 5:19pm
royal bank forcast at the begining of 2012...pulled forcast all of a sudden...weird?...what's going on?
Comment by romara on Mar 25, 2012 7:02pm
One reason, could be of the shutdown of the mill during Jan. to complete the overhaul of the mill.....if not that, maybe call the author of the RBC report to find out why....I'm confident with the mill production figures I posted a week ago.....I have been here also since 2003.....bought in, bought down, sold , repeating process all over again.......Richard
Comment by aristoenigma on Mar 25, 2012 8:21pm
Did anyone happen to keep a copy of the RBC analysis? If you did I'd appreciate seeing a post of it. Things seem to be definitely coming together.