RE:Sold YRI a while back, hard to get back in....TruthLogic... not even close to bankruptcy ever. Increasing production year over year even with gold at this price. They're one of the lowest cost producers with AISC around $850. With $500 Millioin per year operating cash flow. Read up about Enterprise Value/EBITDA it factors in debt and earnings and a ratio under 10 is considered great value and a takeover candidate. Yamana's is under 10 at just over 8.0. $250 Million in Cash and $500 Million per year operating cash flow. Debt of $1.8 Billion will easily be paid off. Also, do you think a distressed company would expand setting up a new mine. They're starting Cerro Moro mine in 2016 which is another very low cost mine. Yamana is among the top miners able to thrive in this low gold price environment. The drop was mostly manipulation of Wall Street position traders. Remember, it's not only Yamana dropping. IamGold has $600 Million cash and it dropped around 9.0% today. Yamana is one of those trader stocks that goes up just as hard as it goes down. There is no distress... just the game Wall Street and Bay Street plays. Nows the time to load up buddy. Also the Price to Book at .33 is at a decade low. That means they have way more mining reserve value not factored into the current share price. Lots of untapped areas still. There was a rich spot discovered near one of the mines that will be easy to tap close to another site. It's funny how all the good news is forgoten a few months later when a temporary market sell off swing.