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Vancouver, BC -- May 3, 2012 -- Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) announces its Board of Directors has accepted the resignation of its Chairman, John Greenslade due to other business commitments.
Robert Baldock, CEO and President stated, "The Board of Directors would like to express its appreciation for Mr. Greenslade's contributions to the Company. The appointment of his successor will be announced at a later date. We continue to support our management team which remains focused on operations and cash flow growth at Jerritt Canyon, our gold producing property in Nevada."
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 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.
Coles Notes: Board of Directors has accepted the resignation of its Chairman, John Greenslade due to other business commitments.
... so I'm sure in like a week there will be another news release for the newly elected Chairman lol.
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I was thinking more towards them being more attractive for a buy out.
All the expected buyers were cited as contemplating or rumored to buy them, even the unexpected one AMZN, yet no buyout....so it'd be interesting if they did get bought out later
I was thinking more towards them being more attractive for a buy out.
If they are to be bought out, the sell o price will have to be double of their current price. I'm not sure if companies out there are willing to pay $20+ dollar a share for rim.
Ok, bearish confirmation today for the dow. Here we go.
bad NFP print could be the catalyst?
but to be honest, so many ppl on stocktwits and blogs are using TA these day its becoming more and more irrelevant imo. it's best to have a long term core holding of stocks that you strongly believe that have good fundamentals. only trade around the edges when you see extremes to the upside or downside.
Apparently RIMM's patents are worth the market cap right now.
Their book value is $22 per share.
That being said, I think RIMM's sharp drop in SP is more of inverse relationship to Apple's iphone popularity. AND I don't think a buy out will happen until after BBX10 is out.
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. Won't be able to focus at work tomorrow...
