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

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Name Change..
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Post by romara on Sep 13, 2012 11:55am

Name Change..

The feeling I got  when talking with Management was....they had to divorce themselves from "Yukon Nevada" ....had to start fresh as they turned the corner. YNG was totally beaten up....flogged to the bones, hated by some... ....... newer management, newer name.....Major shareholders have probably already approved it because they are the Board of Directors ....or have  a say in what is happening

Major Shareholders

 

Orifer 20.47%
Sprott Asset Management 12.80%
Deutsche Bank 12.18%
Francois Marland 9.41%
 
Which gives them  54.86% 
 
I can see a lot of interesting things happening...especially,  if the PoG starts hoping around......Richard
Comment by MrGRP on Sep 14, 2012 11:45am
Yes I got the same impression .... and in my opinion it is yet another good move and forward looking move  from the company ! With the recent good economic news out there it is nice to see the stock marktet rolling along again and pretty well at a one year year high .... and nice to see gold back up as well to almost $1800.00 per oz It is also my understanding that with the recent ...more  
Comment by goldpet on Sep 14, 2012 5:59pm
I think the best news we could have gotten was Bernanke doing this unlimited QE. This should be very good for the precious metals and miners. Most of my junior holdings have perked up in the last few days and it appears that in time we should be moving higher as we did the last time they did a QE. The timing on these changes seem to be good. Let's hope it turns out as well.
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