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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 mden2 on Apr 16, 2012 2:44pm

stock price

Can anyone tell what f**** is going on with the stock price, I thought the company is on track to produce 150,000 onces of gold this year, am I missing something here?
Comment by MrGRP on Apr 16, 2012 4:19pm
Well a few things are going to with the share price. A part of it is that the markets have been going down lately and along with that the price of gold. Also there is a lot of uncertainty with both the European economies as well as the US. That plays on investors and the markets trade less, especially resources or gold. Also with the lower shareprice comes lower trade numbers so the big banks or ...more  
Comment by goldpet on Apr 17, 2012 8:38am
IMO the shares are probably two quarters away from moving significantly higher.  I say that because the current quarter still won't fully reflect the revamped plant improvements, but the one after that should.  In a larger context, the entire precious metals mining sector has been very out of favor for over a year now, so all of the juniors are down and out.  I'm ...more  
Comment by exgoldminer on Apr 17, 2012 8:57am
This commentary reflects what I've been reading on virtually all of the gold stock forums: this mining sector is ripe for a turnaround.
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