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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > There are a lot of shares issued
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Post by Kobedog1 on Apr 18, 2012 3:27pm

There are a lot of shares issued

for what that is worth. Maybe I was too harsh, earlier.  Apologize to the board,  if appearing that way. Busy, frustrating day for me and I may have let that and a double poster irritate me .  Am  contemplating buying in and that always puts me into a serious mood.   :)

Think there is time. And patience may be needed here. Am not a buyer to hold and watch. In the current world, why would anyone do that?

Kobe

Comment by Combo9 on Apr 18, 2012 5:58pm
The possibility of performing a stock reverse split has been discussed on here before today's RNS.  Supposedly some institutional investor's may prefer or even be obliged to avoid anything resembling penny shares. Whether it happens or not and whether it helps or hurts the market cap will hopefully be discussed in next week's webcast. Personally I can see YNG leaving penny share ...more  
Comment by goldpet on Apr 18, 2012 8:02pm
I agree Combo, they don't need to do a reverse split.  Just complete the turn around and the share price will take care ot itself. Nice move up today....let's see if it can continue tomorrow.
Comment by MrGRP on Apr 18, 2012 10:38pm
I agree as well however it will be quite some time, at least in my opinion until they show really good production and even more until they can show a profit instead of a loss.  I think they realize that and are thinking of ways the positively impact the shareprice before that long. In my opinion if is wasn't for the past issues and problems with the previous management even with where we ...more  
Comment by aristoenigma on Apr 18, 2012 10:43pm
I think it is very positive that the Board of Directors feels that YNG's growth is advanced enough to have outsiders look at strategic avenues. That tells me that positive cash flow is in hand or near at hand. The thousand foot view for what it's worth is that with positive cash flow and a hard to replace asset like Jerritt mill working at optimal levels the other big mill players could ...more  
Comment by romara on Apr 19, 2012 7:13am
Aristo....agreeing with you ...but go look at what happened to Silvermex SLX.T.....share were driven down by the market....a big boys drops by and talks with management......and scoops up the company at a distressed share price......Richard
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