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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
Post by KansasCrudeon May 11, 2011 10:13am
372 Views
Post# 18559458

Thanks for the bone

Thanks for the bonePositive step,  would have appreciated a "Special Dividend" or at least the fact/mention that  mgmt will continue to review that policy for passing along windfall profits.   They need an aggressive policy that increases the liabilities of the shorts and bots. 
To those that are advocating a buy back or wondering why they don't go that route.  The best study I have seen on stock buybacks indicates they don't really work to the benefit of the average shareholder.  They tend to benefit  mgmt more as their impact is very minimal over the longer term.  Directionally this stock with its huge daily volume would not be impacted by buybacks IMO.  With the regulators not regulating and the naked shorting out of control the buyback route is negliable. 
Bullboard Posts