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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > no panic, please
View:
Post by exgoldminer on Aug 14, 2012 7:39pm

no panic, please

Apparently, some had forgotten the DB loan which had to be paid back: It's being paid, handily.

There was a one-off payment due to Monument Mining last quarter: It's paid.

All mines inherently develop equipment issues until required upgrades are complete: They're complete, but cost $$$. You don't buy a fleet of new ukes, and jumbos and scoops every quarter.

They started milling the Hycroft carbon a month ago after altering the crushers to handle the fines: easy money from here on.

The higher grade U/G Starvation muck will be on stream during Q3, as well as more open pit muck, mined and hauled in brand new equipment: greatly enhanced ounces.

The talk ad nauseum was to give YNG a COUPLE of quarters of consistent production. Quarter 2 was pretty good -- let's see what Q3 and Q4 bring.

 

It's hard to move forward with our collective panties tied in a knot. Untie the knot: let your boys breathe.

Comment by MrGRP on Aug 14, 2012 9:50pm
exgoldminer .... shhhhhh ....  hey you guys .... don't believe ex he doesn't know what he is talking about ... sell sell cheap  :-) cause the way the price is going I am just going to have to buy more :-)  But on a serious note besides the fact that I picked up some more cheap shares .... I guess the bottom line is that no one has to justify why the decide to sell or why ...more  
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