RE:RE:Buying at $3.15Mat... you are wrong with your assumption that gold has to rise. Keep in mind these low mining stock prices are at levels when spot gold was $300. What it simply means is that the miners got inefficient. Now they work on becoming efficient and the key miners like Yamana will increase even if spot gold stayed at $1,000. Others might go under but not low AISC cost Yamana. They also have $500 Million per year cash flow to pay off debt. They already lowered longterm debt from $2.1 Billion down to $1.8 Billion. As they lower debt the cash flow then goes toward EPS and Wall Street has an orgy rallying this price. You're naive to think Yamana AUY will stay this low at $2.40 even if spot gold doesn't increase for 10 years. Its irrational people like you working on Bay Street that cause these irrational drops.