Yukon Nevada Gold Corp T.YNG

monument mining/YNG

[exgoldminer]

Romara mentioned the prospect of a merger between Monument and YNG yesterday.

I looked closer at Monument Mining and its prospects in Malaysia. I was surprised to discover that Malaysia is indeed one of those rare entities: a stable Islamist country. MM seems to be definitely on the right track, with essentially the same people running it as YNG -- if I find one management group credible, then the other is as well.

 

Question is, although both companies have adjoining offices at 688 West Hastings, what would be gained by Monument  absorbing/merging with YNG?  It would be less susceptible to a hostile takeover?  The combination would be more attractive to a friendly takeover?

 

Just wondering...

[goldpet]

YNG already has a poison pill in place, so they should be projected from a hostile take-out.  IMO YNG would benefit more from a deal with someone mining in the regions they also mine in.  I don't know how a merger between YNG and Monumnet would be very synergistic quite honestly.  I say go with someone that can take work with you at Jerritt Canyon and maximize what the

[exgoldminer]

What's the nature of this toxic YNG medicine?   Would the same poison pill protect Monument from hostiles if they merged? Both companies have the same majority owners.

[goldpet]

If YNG and Monument merged under YNG, then I would only guess the poison pill would cover  the combined entity.  Just my guess only.