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Yamana Gold Inc. AUY


Primary Symbol: 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 greenpastureon Jul 31, 2007 2:35pm
271 Views
Post# 13180496

RE: Why did Meridian not put a $ value

RE: Why did Meridian not put a $ valueI think they will rebid or at least look for some more holdings... question is ... will the rebid be over inflated and will the share price of YRI reflect the higher bid driving YRI down even more. In 2006 there was a nice support of 8.65 and 8.81 that gave a double bottom over a 4 month period.. Then nearly a 100% climb in about 4 more months.. The 2 yr uptrend has broken so caution is still the word especially with the 21/50/200 MA getting hammered. Still holding what I have but will wait until this 3 week 11.64/11.67 bottom holds or not.
Bullboard Posts