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Yamana Gold Inc. 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 RichyRich$on Jul 22, 2015 2:43pm
159 Views
Post# 23949760

Buy More... This Train Is Ready to Leave the Station !!!

Buy More... This Train Is Ready to Leave the Station !!!JRPaulson... I don't think you know how margin calls work. As soon as it drops under $3.00... you either have to sell all borrowed money shares... or Mr. Bank actually goes into your account and sells it for you. For a $50 fee. All Margin Calls are dealt with the day after it drops under $3.00. It dropped under last week snd stayed under. So the margin call selling was done with last week. One of my best moves was getting fed up with margin calls and decided to buy a penny stock Merrex Gold with my margin account. Turned out to be the best move I made selling AUY in the $4.00's and doubled my Merrex stock. If not for that... margin would have wiped that one account out. I have TFSA money in Yamana but not on margin. Would sooner buy a penny stock where they can't margin call you.
Bullboard Posts