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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 JayMilleron Oct 16, 2008 12:01pm
288 Views
Post# 15529029

RE: gold

RE: goldok i'll bite. You both say your in it for the long haul, but are you willing to see yamana down to 2-3 bucks? it just might happen folks. Everyone is liquidating there rrsp portfolios, these redemptions will continue into tax loss selling , so we may not see any upward movement till 09. Not to mention bullion is getting hammered  - now under 800- and where does that end?
I agree in principle as i have no debt ect--- but once you see your savings cut in 1/2 in less than 3 months-- one has to wonder about protecting your rear end.
lets remember- those that held gold and gold stocks in the 80's wateched there gold investments do nothing for 10 years.
I dunno about you- but i cant wait it out that long.
Signed,
Frustrated Gold Investor
:-)
Bullboard Posts