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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 RichyRich$on Feb 11, 2015 12:23am
116 Views
Post# 23416787

RE:RE:Yamana Same Price as 2005 When Gold Was $400

RE:RE:Yamana Same Price as 2005 When Gold Was $400I was going to buy detour as its in my newsletter top list and First Majestic Silver. Both almost doubled since December low. However I chose Yamana the wrong move obviously. However, at this point I feel sticking with Yamana is the right move because Detour and First Majestic is selling at a large Premium from December low. Had I bought Detour and held from December, I would have sold high to buy Yamana low because I believe market efficiency will prevail in the end, and whatever game Wall Street was playing the past few months with Yamana won't last. It will eventually mean revert back to the longer term moving average. Yamana is a top pick in two separate newsletters I'm subscribed to. It will prevail once Wall Street gets over the write-down and extra share offering. Even Gold Corp did a write-down end of 2013. They all have to do them to prioritize operations on the best projects to make money. Wall Street will soon forget and back to the rallying Yamana it used to be. Just take a look at 2009. That's the rebound we might be headed to... sooner than we might think.
Bullboard Posts