Veris Gold / VG (TSX) zuvor Yukon - Nevada / YNG

3. Ouartal

http://www.marketwatch.com/sto…rtssymb%3DYNG&sid=2763954

Interview mit Eric Sprott.....

....ES: Sure. Some of the smaller producers are CGA Mining Limited (TSX:CGA; ASX:CGX), Medusa Mining Limited (ASX:MML), Norton Gold Fields Limited (ASX:NGF), Norseman Gold Plc (LSE:NOGO.L), and Yukon-Nevada Gold Corp. (TSX:YNG). These are all very small market cap companies, but they can make significant amounts of money. You know, 100,000 ounces is $100 million in sales. It is a very simple thing to put the three zeros on the end, right? If your costs are half the price of gold (i.e., $500), you have $50 million of cash flow. With $50 million of cash flow in a stock trading at $100 million, you have a cheap investment. There are lots of those names around.....

Zum kompletten Interview:

http://www.theaureport.com/pub/na/3280

Edelmann

Führte an anderer Stelle einige Überlegungen, insb. hinsichtlich warrants, anstehnder Verwässerung und den sog. "inducement warrants"....richtig schlau werde ich daraus bei YNG derzeit nicht.... alles ein bisschen undurchsichtig die letzten Tage....hab sofort mit stopp loss abgesichert.....siehst Du hier klarer?

Gruß

... Allerdings sind mit einer Anlage in die Aktien von Yukon-Nevada unausweichlich auch Risiken verbunden, derer Sie sich immer bewusst sein sollten. Nicht zuletzt möchte das Unternehmen die bisherigen Halter von Optionsscheinen dazu bringen, diese auszuüben, und bietet dafür sogar zusätzliche „Inducement Warrants“ an, wodurch sich eine erhebliche Verwässerung ergeben könnte...

( und ein Blick auf die Hompage heute)

Gruß

Hallo,

kann mir jemand mal erklären was Inducement Warrants sind??? Habe nichts bei Wikipedia gefunden.

Danke

Eine (versuchte) Abzocke der Aktionäre seitens des Managements. Damit will man schon bestehenden Warrant-Besitzern (=Großinvestoren, Management), weitere Aktien billigst zuschanzen. Durch die enorme Menge neuer Aktien würden die bestehenden Aktien stark verwässert werden. Diese ganze Aktion mit den Inducement Warrants soll nur läppische 14 Mio. USD an Eigenkapital einbringen.
Die Begründung des Managements ist m.E. lächerlich, weil man einfach durch den Goldabbau sofort ein Vielfaches dessen hereinbekommen kann. Man muß nur endlich loslegen! Ich vermute, daß hier noch schnell vor voller Produktionsaufnahme, ein Versuch gestartet wurde, um sich günstigst viel größere Firmenanteile zu sichern. Hoffentlich erreichen sie die nötigen 50% dafür nicht.
Jedenfalls sind gestern und auch heute die Umsätze an der TSX extrem nach oben gegangen - bei absolut stabilen Kursen...

Yukon-Nevada Gold Corp. announces that the September 2009 private placement needs to be approved by shareholders
Yukon Nevada Gold Corp YNG
11/20/2009 8:00:00 PM
VANCOUVER, Nov. 20, 2009 (Canada NewsWire via COMTEX News Network) --

Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) Robert F. Baldock, the President and CEO of Yukon-Nevada Gold Corp. (the "Company"), announces that, pursuant to a Notice of Private Placement filed with the Toronto Stock Exchange (the "TSX") on September 22, 2009, the Company has previously negotiated a $1,000,000 non-brokered private placement to sell 10,000,000 units (the "Units") at a price of $0.10 per Unit. Each Unit consisted of one common share (a "Share") and one share purchase warrant (the "Warrant"). Each Warrant can be exercised to purchase one additional common share (a "Warrant Share") at a price of $0.125 per share within 18 months of closing of the private placement. The warrants provide for adjustments in the event of stock dividends, subdivisions, consolidations, and other forms of capital reorganization. There was no finder's fee payable on the private placement. No insiders of the Company participated in the private placement.

In accordance with Section 607(g)(i) of the TSX Company Manual, as the pricing of the Units was outside of the TSX's allowable discounts, the exercise price of the Warrants was below market price (as defined by the TSX) and the maximum aggregate number of securities issuable by the Company pursuant to a private placement which closed on August 31, 2009 (the "August Private Placement") and the current private placement, including warrants, aggregate 102,100,000 shares, or 30.64% (in excess of 25%) of the Company's issued and outstanding share capital prior to completion of the above private placements. Closing of the private placement is subject to both the approval of the TSX and shareholder approval, which will acquired by written consents pursuant to Section 604(d) of the TSX Company Manual.

Votes of the common shares held by subscribers to the August Private Placement as well as common shares held by the subscribers to the Units will not be included for the purposes of obtaining such shareholder approval; therefore, 42,132,000 shares, representing the shares issued to the subscribers of the August Private Placement and the shares held by subscribers to the Units, will be excluded from the vote in regards of the required shareholder approval.

In accordance with securities legislation currently in effect, the Shares, the Warrants and the Warrant Shares will be subject to a "hold period" of four months plus one day from the date of issuance of the aforesaid securities.

The proceeds of the private placement transaction will be used to pay down the existing liabilities of the Company, invest in the facilities at Jerritt Canyon to meet the compliance requirements of the Nevada Division of Environmental Protection, and make further improvements to the gold production processes to enhance throughput at the mill, carry out further exploration activity at the Jerritt Canyon and Ketza River properties and for general working capital purposes.

Yukon-Nevada Gold Corp. is a North American gold producer in the business of discovering, developing and operating gold deposits. The Company holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Arizona and Nevada in the United States. The Company's focus has been on the acquisition and development of late stage development and operating properties with gold as the primary target. Continued growth will occur by increasing or initiating production from the Company's existing properties.

If you would like to receive press releases via email please contact nicole@yngc.ca and specify "Yukon-Nevada Gold Corp. releases" in the subject line.

<< The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. >>

WARNING: The Company relies upon litigation protection for "forward-looking" statements.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

%SEDAR: 00004098E

SOURCE: Yukon-Nevada Gold Corp.

Yukon-Nevada Gold Corp., Nicole Sanches, Investor Relations Manager, Tel: (604) 688-9427, Email: nicole@yngc.ca, http://www.yukon-nevadagold.com; CHF Investor Relations, Jeanny So, Director of Operations, Tel: (416) 868-1079 ext. 225, Email: jeanny@chfir.com, http://www.chfir.com
Copyright (C) 2009 CNW Group. All rights reserved.

http://www.stockhouse.com/News…asesDetail.aspx?n=7541918

Einfach nur noch dreist, und für mein Empfinden jenseits der Grenze zum Betrug, was das Management da aufführt. Das wird hoffentlich ein Nachspiel haben.

Investors are applauding a move by the Toronto Stock Exchange to introduce a rule requiring listed companies to obtain shareholder approval any time they do an acquisition involving the issuance of 25% or more of their outstanding shares.

"They did a good job of listening to shareholders and bringing the TSX into line with other exchanges around the world," said Don Raymond, senior vice president of public market investments at the Canada Pension Plan Investment Board.

The change, which takes effect Nov. 24, comes after a month-long public consultation process involving submissions from various stakeholder groups.

"Certainly some shareholder groups will be very happy but it will also benefit issuers because it will improve their access to capital," said Kevan Cowan, president of TSX markets and group head of equities. "This provides us with an even stronger platform as we work to attract new investors and capital."

Most of the support for the rule came from institutional investors demanding a greater say in the management of public companies while the opposition was mostly from issuers worried about the potential loss of flexibility to do deals.

Most major exchanges around the world including the New York Stock Exchange and the London Stock Exchange already have such a rule in place.

Mr. Cowan said the major challenge in drafting the rule was to address the interests of equity holders on the one hand and public companies on the other.

"Our job as an exchange is to provide that magic balance between those two groups," he said.

The new rule comes in the wake of two controversial transactions that caught the attention of regulators.

The first was in 2006, when Goldcorp Inc. Tried to buy Glamis Gold Ltd. Without providing a vote for its own shareholders, despite diluting their holding by more than 60%. Regulators ultimately allowed the deal to proceed.

But in January of this year, the Ontario Securities Commission blocked a planned merger between two mining companies, Hudbay Minerals Inc. And Lundin Mining Corp., on the grounds that Hudbay shareholders did not receive a vote despite being diluted by 100%. The OSC overruled the TSX, which approved the deal.

Vic Alboini, head of Jaguar Financial Corp. And one of the most vocal critics of the transaction, said the TSX rule change is the right move.

"In certain circumstances, such as excess dilution, you've got to make sure you put a deal in front of shareholders," said Mr. Alboini. "That's just the way capital markets work in other jurisdictions.

The new rule eliminates an exemption put in place around 2005 allowing companies to issue large amounts of new shares for the purpose of acquisitions.

The exchange considered removing the exemption in 2008 but decided against it in the face of opposition from stakeholder groups during the consultation process.

Financial Post And Artie

Wie vermutet, versucht das Management sich Firmenanteile unter Marktwert zuzuschanzen:

http://www.canadianinsider.com…ansactions.php?ticker=YNG

Schlechte Nachrichten sind das ja nicht, wenn die Verwässerung nicht durchgeht. Im Gegenteil, das deutet darauf hin, daß YNG sehr begehrt unter den Insidern ist.

Und es wird ja bereits produziert. Die Anlage läuft sogar über das Wochenende durch.

Sehr dubios ist ja schon die schwammige Formulierung, daß man das Geld der Warrants brauchen würde, um den Durchsatz der Mühle zu erhöhen, für Explorationsarbeiten, für Rechtsstreitigkeiten. Aber kein Wort über den aktuellen Durchsatz, über die Einnahmen, eventuelle technische Probleme, grobe Investitionsabschätzungen - Nichts!
Da liegen tausende Tonnen goldhaltiges Erz auf Halde, man hat eine Anlage für Produktionsmengen von rd. 2000 Oz Gold/Woche, was beim jetzigen Kurs und hoch angesetzten Cahskosten von $300 Einnahmen von mehr als $1,6 Mio. pro Woche bringen würde, man produziert auch bereits Gold und dann solche geplanten Verwässerungen nur für Großaktionäre.

Ich bleib auf jeden fall drin. Eine gute Nachricht und das Ding hebt ab wie eine Rakete. Die haben beim jetzigen Goldpreis schon über $600 Mio Gold auf Halde liegen...

@EDEL

YNG ausgestoppt.....2% Gewinn.....

Sollten sie noch tiefer fallen werde ich wieder reingehen......wenn nicht....dann nicht...cashposition weiter erhöht....die letzten Tage Depot durch Gewinnmitnahmen bei vereinzelten Werten gestrafft, wobei sich die 2% bei YNG relativ lächerlich ausmachen....aber zumindest kein Verlust...

Gruss

@EDEL

Ich drück Dir die Daumen das Deine Spekulation aufgeht.....wobei so wie ich Dich kenne fährst Du zwar ab und an ohne Licht, aber nie ohne Handbremse

Was ist Deine Meinung zur Entwicklung des POG heute......wars das oder kommt da nächste Woche noch mehr.....er dreht schon wieder leicht......unter 1000 gehts aber auf keinen Fall denke ich....evtl. heute in USA ein tiefroter Minentag......werde das eine oder andere einsammeln die nächsten Tage

Gruss