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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > I don't understand it but the shares are down
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Post by goldpet on Jul 25, 2012 11:32am

I don't understand it but the shares are down

today. We've had a lot of positive news lately and the market give us credit for none of it.
Comment by downer27 on Jul 25, 2012 4:54pm
management reputation re press releases?
Comment by romara on Jul 25, 2012 7:01pm
It's not only YNG that's down....the whole gold and silver  market is in the can........Richard
Comment by MrGRP on Jul 25, 2012 7:56pm
You are exactly right ... and gold for much of the day was way up ... however it ended the day down ... In my opinion this stock is played so much by the banks it doesn't so much matter the news, they buy huge amounts of the stock to make money on a penny increase or they most often short the stock. So .... regardless of the news they have to turn their stock and make money and they do. A real ...more  
Comment by TimeBuilder on Jul 25, 2012 8:42pm
Could it be a  management trust issue!!!! OR  Just a lesson on a little company history!!!! We believe the price of GOLD has nothing to do with YNG share pricing!!! Production and proving up the resource may be the simplest answer!!! JOHO and we stand to be corrected. All comments are welcome. Long, strong and Far to patient, TimeBuilder
Comment by MrGRP on Jul 25, 2012 11:18pm
Hello TimeBuilder haven't seen you here before .... but all are welcome as you suggest except we don't need long time non shareholders crapping on the company and stock like Downer as he has done for years. As for your comments they are all food for  thought ! I believe for the most part the management of this company is sound and is much changed from the past ! they have taken this ...more  
Comment by goldpet on Jul 26, 2012 7:56am
I think SUSTAINED, INCREASED production numbers and proving up the resources are the simpliest answers. The thing is they are doing this rather successfully to this point and the share price still reflects very little progress. I think we can all agree the miner's are in the dumper and that may be the larger issue, but YNG is certainly not getting any credit for good news. 
Comment by MrGRP on Jul 26, 2012 6:29pm
Okay I hate to agree with much Downer sais but .... I agree that the reputation of  the (PAST) management was not good ! Having said that I have to again qualify it as past management. At least in my opinion the present management and especially Mr. Baldock has taken this company as far as anyone could under all of the circumstances and they have done a GREAT job with what they were left with ...more  
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