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Lojiko

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Lojiko

Re: gimmeMYcash post# 56

Wednesday, 07/06/2011 11:32:07 PM

Wednesday, July 06, 2011 11:32:07 PM

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Judging by the chart, ~$0.40/sh seems to be the bottom. It has a tendency to bounce off that level.

Looking over the most recent presentation, 2012 looks to be YNG's year. If we can stay under $0.50 until the end of September, I may buy in. Looks like a five-bagger from these levels if you can hold on to it for a couple years. Maybe more if gold continues its upward push.

It'll be interesting to see what's on the Q2. GoogleFinance shows a Q1 EPS of 0.03 - that should make this worth at least (0.03 x 4 = 0.12 x 10) $1.20. If the Q2 looks good, it may not stay under $0.50 for long.

"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." -- Thomas Jefferson

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