Yukon Nevada Gold Corp T.YNG

Reverse Split

[Stockbagger]

Too large a float creates too much wipsaw in share price.  A low share price also prevents institutional investors from participating.

[goldpet]

If your achieving your goals of turning the mine around and doing that 150K oz  per year number you expect to do, then why should the share price be whip-sawing in the first place?  The shares should be moving steadily higher if your plan is being executed.  Complete your plan and everything else falls into place. Why do you have to depend on the institutions to keep the shares

[Stockbagger]

The float volatility has nothing to do with an expansion.  YNG has 931,000,000 shares of stock outstanding.  In other words, that is a lot of idiots with a lot of different opinions as to what the company is worth.  Institutions don't trade penny stocks unless they are selling.  Institutions are 90% of the market so their significance needs no further explanation.