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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 jjjj1on Aug 06, 2015 6:55pm
312 Views
Post# 23996244

Was this a 1 day bounce?

Was this a 1 day bounce?or are people thinking the USA rate rise will cause inflation and gold stocks will go up? (which is actually the reverse of what most people think ...if rates rise it will be bad for gold) Most people are predicting lower gold prices but you got to wonder if YRI is to cheap here? Do they need to raise more money and have more dilution....lets face it....copper and gold price is awful....what happens tomorrow if the job numbers are good? I am on the side of a rate rise in September  but some people are saying gold stocks will do ok in August......who knows though?  I don`t think the USA has wage inflation.....YRI is a bit of a speculation or a value play here I am thinking...lots of volume today I noticed..
Bullboard Posts