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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 Armcorpon Mar 10, 2018 5:41pm
84 Views
Post# 27697776

RE:RE:RE:Change of harte

RE:RE:RE:Change of harteit seems to me that yamana trading is dominated by US action...we Canucks are small fry. Therefore because of hedge funds/ day traders etc the trend occurs regardless of fundamentals and such things as US Cad exchange rates, even though there is no mining in the US. 20 % down in a month does happen for no reason. A chapter in Divide by Matt Taibbi describes a bear raid by US hedge funds on Fairfax Financial FFH.T. Quite instructive of attitudes and techniques. Once they smell blood the attacks can be vicious. I dont know the short interest in YRI and I have not seen negative news here, so it may not be a bear raid. However yri sets itself up for shorts by running such a loose ship, so high volatility is to be expected. Buying opps may come again if it keeps going down. Buy wisely.
Bullboard Posts