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Bullboard - Stock Discussion Forum 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... see more

TSX:YRI - Post Discussion

Yamana Gold Inc. > Chile and Brazil
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Post by bailey2 on Mar 19, 2020 4:01pm

Chile and Brazil

Corona virus is spreading there. Yamana has multiple mines in these countries. I think the company is one of the best mid-golds but there may be some real hurt coming if they have to suspend operations. I am not bashing, Traders will trade, and everyone has a price point to buy in. I own no shares, however , it is too early in virus scenario, in these countries, to feel comfortable to buy Yamana again. imho
Comment by bogfit on Mar 22, 2020 7:49pm
"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 ...more  
Comment by commodityking on Apr 26, 2020 2:39pm
Hi Bogfit, I enjoy reading your posts. As for myself I have some physical gold and silver that I purchased a few years ago. I will hold on to that till Kingdom Come. My main thesis these days is that the dollar is worth very little and true Value is in hard assets such as real estate and precious metals. my main Holdings are the precious metals and gold stocks, and try to keep lots of cash for ...more  
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