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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

Comment by bogfiton Mar 22, 2020 7:49pm
450 Views
Post# 30835901

RE:Chile and Brazil

RE:Chile and Brazil"it is too early in virus scenario, in these countries, to feel comfortable to buy Yamana again. imho"
 
Sure, okay I can go with that!  But where would you invest now?  Medical supply companies that are already up 100% and will crash in a few months?

Personally I’m intrigued by the question of what happens to gold and silver prices when the mines shut down.  Are people going to shun safe haven assets now, or will there be greater demand?  And will the lack of new supply itself lift prices?  The knock on silver was it is consumed like a base metal and therefore valuated as an industrial metal, but the fact it is consumed and hopefully will again become the “poor man’s gold”, plus the gold/silver ratio, it all sounds to me like silver might find new interest.

Since we're all in lock down let's talk!  We all need a plan and 50 heads are better than one.
 
b.


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