YALE RESOURCES LTD V.YLL

It's Too Bad....

[BudSpud]

It's too bad the share price is in the toilet. This is a well managed company but no one cares. I think I'll buy more.

[venturesome]

Yes, I agree... I keep holding a bunch of shares in the hope they'll hit pay dirt... I still believe silver (and gold) will be the beneficiary of the inevitable economic downfall... in my wildest hopes YLL goes to $1... EPL, which I've held for years, went from pennies to over a dollar...

[dabbler1]

It really is too bad when well managed companies have such a tough time, I hold NCM,PKL,SXL,AAN  as well as YLL and all these companies are hurting too, PKL is an old mine with proven resources close because of sub $50 gold prices in 1966, everyone is hurting!!

[Goldenwin78]

I can't agree with you that Yale is well managed, not possible when its trading at 2 cents..that tells me that it isn't managed what so ever. Tough market, yes I agree but 2 cents..common...

[macman20]

It's partly due to being a prospect generator model, relying on others to fund drilling, and early stage projects, looks like a good gamble at .02, as long as they don't need to issue shares down here, which I don't think they will.

[dabbler1]

By well managed I should qualify that as still existing, in this market considering they rely on others to fund projects.

[Ferris_Wheel]

I believe you are incorrect about dilution.  Read their report on SEDI.  Here is an excerpt: Results of Operations The Company currently does not have an operating or producing mineral property. The Company has no earnings from mineral properties and therefore will finance its future exploration activities by the sale of common shares or units. JMHO     GLTA

[macman20]

They are a prospect generator, they use other peoples money for a percentage ownership of the properties, so they don't need to issue nearly as many shares. I don't think a financing will happen at these ridiculous prices. whats the market cap ? 1.8 million $