Yamana Gold Share Discussion Threads

[bluesbreaker] 31/12/2012 12:39

I also hold HGM, POG, CEY (ouch) and NYO.

[ifthecapfits] 21/12/2012 15:20

Do you hold other gold stocks or just this one?

[qs9] 21/12/2012 15:15

for such a big company no it is not, but welcome on board! Hopefully the investment case speaks for itself...massive gold producer yet on a measley rating compared to Randgold at its peak for instance.....Gold Price still strong....

[ifthecapfits] 21/12/2012 14:56

Not a very active board this one!

Just bought my first modest tranche.

[qs9] 21/12/2012 14:22

hopefully a few will notice the recent drift....next RNS should help push this back higher....IMO!

[qs9] 19/11/2012 13:37

And up we go again..

[bluesbreaker] 17/11/2012 17:40

Just with the markets, I think. Healthy, anyway, after the recent rise.

[qs9] 15/11/2012 16:29

whats with the drop?

[qs9] 09/11/2012 14:47

let's hope they can get a Randgold rating - at least YAU continues to delier....re-rating IMO must be due soon....plus POG now motoring north again...

[mad jack mcmad] 08/11/2012 09:35

Impressive...

[bluesbreaker] 30/10/2012 00:11

"Yamana Gold Keeps Delivering Results

"October 29, 2012 by: Felix Pinhasov

"Canadian gold miner Yamana Gold (AUY) illustrated again why it is one of the best managed senior gold companies with a record third quarter production of 310,490 of gold equivalent ounces (GEO), an 11 percent increase from Q3-2011..."



"Yamana Gold Declares Quarterly Dividend

"10/29/2012

"TORONTO, ONTARIO--(Marketwire - Oct. 29, 2012) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY)(LSE:YAU) today announced its fourth quarter 2012 dividend of $0.065 per share. Shareholders of record at the close of business on Monday, December 31, 2012 will be entitled to receive payment of this dividend on Monday, January 14, 2013..."

[bluesbreaker] 23/10/2012 00:27

"Scotia Capital upgraded shares of Yamana Gold (NYSE: AUY) from a sector perform rating to an outperform rating in a research note released on Thursday morning.

"Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital initiated coverage on shares of Yamana Gold in a research note to investors on Tuesday, October 16th. They set an overweight rating and a $25.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Yamana Gold in a research note to investors on Wednesday, October 10th. They set an overweight rating and a $25.00 price target on the stock. Finally, analysts at Dundee Securities raised their price target on shares of Yamana Gold from $17.00 to $22.00 in a research note to investors on Wednesday, October 3rd. They now have a neutral rating on the stock..."

[bluesbreaker] 20/10/2012 08:14

"...Recent price action signalled the breakout (E). A minor correction may occur. Only a decline below about $16 would be negative. Point & Figure measurements provide targets of $24 and $27. Higher targets are visible..." [my underlining]

Article:

Accompanying chart:

[qs9] 18/10/2012 06:58

likewise! Be fascinating at next update to see just how much "hay" they are making at these gold price levels....

[mad jack mcmad] 18/10/2012 06:52

Got a long way to go still - feeling a bit smug for accumulating a reasonable number of these over the summer......

[qs9] 17/10/2012 18:50

Cheers. I do that as well!

[bluesbreaker] 17/10/2012 18:16

"NEW YORK (TheStreet) -- Yamana Gold (NYSE:AUY) hit a new 52-week high Wednesday as it is currently trading at $19.66, above its previous 52-week high of $19.65 with 2.8 million shares traded as of 12:05 p.m. ET. Average volume has been 5.8 million shares over the past 30 days..."

[bluesbreaker] 16/10/2012 22:58

Not that I saw, QS9, and being in both I think they would have caught my eye. That said, it was just a quick, cheapskate skim through a copy in Smith's.

[qs9] 16/10/2012 20:24

Great thanks for that. Anything on POG or cey? Cheers

[bluesbreaker] 16/10/2012 19:49

Shares magazine tips YAU as one of their top goldies in the current issue. Decent few paragraphs running through the various projects.

[qs9] 16/10/2012 15:36

YAU going bonkers, great stuff....next results due end of Oct....hopefully with PoG much higher than previous report, we should see some material upside in figures and IMO therefore share price!!

[bluesbreaker] 03/10/2012 08:00

The times they are a-changing...

"Fund managers dump bullion for gold shares

"Professional investors who want exposure to gold are starting to put their money in gold-related shares rather than the metal itself.

"Gold shares are being snapped up by fund managers in place of bullion, as the derating that has occurred over the past three years looks to right itself.

"Alastair Mundy who runs the Investec Cautious Managed fund and Jon Rebak who runs HSBC Open Global Distribution have increased their exposure to gold shares and reduced exposure to gold bullion. Troy Trojan multi-asset manager Sebastian Lyon has gold shares and gold bullion dominating his top holdings.

"There is a large disparity between the price of gold bullion – which has experienced an almost flawless 10 year bull run – and gold shares, but experts are predicting a re-rating. Production picked up in the second quarter to the end of June, buoying precious metal mining shares.

"Chelsea Financial Services said that now was the time to buy.

"'A stronger second half from corporates on the production front, a rising gold price and an oil price with limited upside should assist gold equities in providing earnings leverage,' said Darius McDermott of Chelsea. 'Longer term, as the market becomes more comfortable with "higher for longer" gold prices, the equities should re-rate further.'

"Precious metals specialist Evy Hambro who runs the £2.9bn BlackRock Gold & General fund said in his weekly gold report that quantitative easing would be positive for commodities and gold shares.

"'QE3 is good for commodities, at least in the short term. That this round of easing is open-ended and may be accompanied by additional quantitative measures could well provide the impetus for a more sustained uptrend. Longer-term, supply-demand fundamentals remain broadly supportive of gold prices,' he said.

"'Gold equities are trading at attractive valuations on a number of metrics. A feature of the industry is an increase in dividend payments. In our view, this trend is likely to continue and could increase the attractiveness of gold shares relative to their key competitor – gold Exchange Traded Funds (ETFs) – and so could aid a re-rating.'"



Thanks to Thomas Tallis on the other site's YAU board, who found this.

[dogberry202000] 22/9/2012 21:19

Peter Marrone in full flow. Yes, YAU's company and cash growth should be very impressive. I also like the spread of assets around South America.

This is my core holding and I'll hold it for several years.

Thanks for the link, Bluesbreaker.