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Yamana Gold Inc. T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Comment by cantBbeaton Mar 11, 2007 2:14pm
547 Views
Post# 12397338

RE: Price target

RE: Price targetI have posted price targets here in the past, and once had a great discussion on yri with a poster through my inbox. I am a heavy investor in mining companies and have been for many years now. I have not bought a single share of YRI. I have gotten my shares from the takeovers this company did. I would have still been holding the other three companies which would have been a lot higher now. Now as for YRI knowing the great assets they picked up, knowing the money being saved by having four companies into one, knowing where mangement is taking this company and the fact they hedge the only metal that I think over ran (copper), this will easily see 20 dollars in a very short time. There is one problem though, the earning report might show a lot of cost that are associated with buying other companies and incorporating them into one and the cost of starting mines. This might have some short term downward pressure, which would be a great buying opportunity for ALL. Good Luck to ALL.
Bullboard Posts