Yamana Gold Share Discussion Threads

[richandjanet] 30/7/2007 12:38

Looks like its dropped through the possible head and shoulders. Could be heading for £5


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[davepower] 12/7/2007 01:46

well since the market obviously didn't like the MDG, NTO take-over offer and the share price was punished I did buy 3k more. my take was either the deal will collapse and YAU share price will recover or the deal will go thro' and eventually with the gold price about to surge value of the new combined company will be realised.
rather like Goldcorp share price getting punished when they took over Glamis Gold. Seen as a good deal now the price of gold is higher. The additional resources in the ground is money in the bank now!!!
time will tell I guess. The short term looks decidedly dicey but longer term this has to be a good bet. DYOR wtfdik etc
Cheers Dave

[tim] 30/6/2007 07:08

dave

I added fri,but bought at the bid not the offer. making use of the horrendous spreads here in the uk.

[davepower] 29/6/2007 23:15

Yes I am torn between adding at this level and selling...
IMHO the CRX commodities index is overdue a correction and usually that takes the gold indices with it. This suggests further downside particularly since the DOW, S&P and NASd all look toppy. We could well see the American markets take a tumble with this mortgage debacle as a catalyst and drag down the gold stocks too as funds liquidate to cover margin calls.
After that when the dust settles there will be juicy bargains to be had. I may buy a few and then wait and see... I think this drop is per se overdone!
What do you all think?
cheers Dave
Deal or no Deal?

[gardenboy] 28/6/2007 19:57

nirvs,

ah, thanks

hope trading is going well for you btw

[gardenarc] 28/6/2007 19:52

AM watching this one v closely.

[nirvs] 28/6/2007 19:43

YAU stated they are taking over MDG and NTO....at 20% premiumto yest price

[gardenboy] 28/6/2007 19:40

yf23,

yf23_1 - 8 Jun'07 - 13:09 - 151 of 154 LOL!

not currently in here as I baled out around 650, but what's causing this massive drop?

[lovegod] 28/6/2007 17:41

this could go sky high soon. northern orion have huge reserves not yet taken into account

[yf23_1] 12/6/2007 17:00

Unfortunately whats good in the long term for gold affects it negatively in the short term. Raising liquidity via sales is outgunning investment demand.
Spanish central bank sales have added to supply this month, just when gold should be outperforming.

[davepower] 12/6/2007 16:43

This drop is kinda worrying!! What do you all think about a general grind down/sell off in the American markets having a knock on effect on gold stocks and precious metals at least initially.
What is the betting that our markets go down in sympathy?
comments anyone?
cheers Dave

[yf23_1] 08/6/2007 13:09

Whats this, Bill and Ben the flowerpot men go gold prospecting?

[gardenarc] 08/6/2007 08:16

I dont like stright lines in landscape gardening garden boy.

[gardenboy] 08/6/2007 08:07

Hi gardenarc,

I mustn't get you confused with myself ! Some might think we are the same but I know we're not :~)

what is an arc btw ?

[gardenarc] 08/6/2007 07:55

Thanks garden boy this one i hold and follow.

[gardenboy] 08/6/2007 07:23

moving to the main market on June 12,

[5dally] 17/5/2007 15:53

Pyrite Project and Provides Gualcamayo Update

FOR: YAMANA GOLD INC.

TSX SYMBOL: YRI
NYSE SYMBOL: AUY
AIM SYMBOL: YAU

May 17, 2007

Yamana Gold Announces Scoping Study Results for Chapada Pyrite Project and Provides Gualcamayo Update

TORONTO, ONTARIO--(CCNMatthews - May 17, 2007) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY)(AIM:YAU) today announced
the completion of the scoping study for its Pyrite Project at the Chapada Mine in Goias State, Brazil. The
objective of the study was to determine how to increase further the gold and copper recovery at the Chapada
Mine. The scoping study concludes that additional gold and copper, along with sulphuric acid, can be recovered
from the pyrite concentrate taken from the tailings of the principal operations.

By treating approximately 580,000 tonnes per year of concentrate, about 560,000 tonnes of sulphuric acid may be
generated for sale annually. Over the Chapada mine life, about 10.6 million tonnes of acid would be produced
and an additional 320,000 ounces of gold and 94 million pounds of copper would be recovered based on current
reserves at Chapada.

The capital and operating costs for the acid production facility, designed to produce 558,000 tonnes of acid,
16,900 ounces of gold and 4.96 million pounds of copper annually, are as follows:

/T/

Direct Costs: $151.0 million
Indirect Costs: $ 17.5 million
Contingency: $ 26.3 million
--------------

Total Capital Costs: $194.8 million

Annual Operating Costs: $ 7.9 million (approximately $14.00
per tonne of acid)

/T/

Assuming commodity prices of $70 per tonne of sulphuric acid, $1.50 per pound of copper and $600 per ounce of
gold, the pre-tax rate of return for the project is approximately 20%. At current commodity prices, this return
increases to more than 27%. The net present value of the project (in US$ millions) is summarized as follows:

/T/

Discount Rate Base Case Prices Current Prices
------------- ---------------- --------------

0% $586 $944
5% $276 $483
7.5% $186 $347
10% $121 $249

/T/

The project net present value is most sensitive to changes in the acid price assumption. Prices for sulphuric
acid are currently upwards of $90 per tonne. A long-term price assumption of $70 per tonne of sulphuric acid
was used for the scoping study.

Given the favourable economics for the project, Yamana is now moving forward with a follow-on marketing study
to determine the availability of a local market for sulphuric acid. This will be followed by a final
feasibility study. Yamana has identified a number of opportunities for the sale of sulphuric acid in the area
around Chapada, including emerging nickel processing operations and agriculture/fertilizer businesses.
Preliminary discussions with prospective purchasers of sulphuric acid have been very encouraging to date. The
supply alternative to these businesses is costly in part due to significant transport costs that would be
associated with bringing in sulphuric acid.

Once the feasibility study for this project has been completed, Yamana will also evaluate the merits of
producing pyrite for sale to end users. The end buyers of the pyrite would then in turn produce the sulphuric
acid. This would eliminate a significant amount of capital expenditures and may be more attractive from a rate
of return perspective.

Benefits to Yamana and its shareholders would include recovery of additional gold and copper, and a royalty or
joint venture relating to the production and sale of sulphuric acid.

Mr. Daniel Kivari, vice president, technical services, projects and construction of Yamana Gold Inc., who is a
Qualified Person as defined by National Instrument 43-101, has reviewed and approved the contents of this press
release as applicable.

Gualcamayo Update

Yamana also reports that the feasibility study for its Gualcamayo project in the province of San Juan,
Argentina is nearing completion. The delivery of this report is expected in June and will address the open pit
mining and processing of ore from the QDD deposit.

Gualcamayo currently encompasses three separate mining opportunities. An update to the initial study is
expected by the end of the summer. This second phase of the Gualcamayo feasibility will address the mining of
ore from two satellite deposits, Amelia Ines and Magdalena. These deposits will also be mined by open pit
methods. A further update will address the underground mining and processing of the ore from the QDD lower west
zone. This zone has been the focus of minesite exploration for the better part of a year and results are very
encouraging. A resource update for the QDD lower west zone will be delivered by year-end.

About Yamana

Yamana is a Canadian gold producer with significant gold production, gold development stage properties,
exploration properties, and land positions in Brazil, Argentina and Central America. Yamana is producing gold
at intermediate company production levels in addition to significant copper production. Company management
plans to continue to build on this base through the advancement of its exploration properties and by targeting
other gold consolidation opportunities in Brazil, Argentina and elsewhere in the Americas.

FORWARD-LOOKING STATEMENTS: This news release contains certain 'forward-looking statements' within the meaning
of Section 21E of the United States Securities Exchange Act of 1934, as amended and 'forward-looking
information' under applicable Canadian securities laws. Except for statements of historical fact relating to
the company, certain information contained herein constitutes forward-looking statements. Forward-looking
statements are frequently characterized by words such as 'plan,''expect,''project,''intend,''believe,''anticipate', 'estimate' and other similar words, or statements that certain events or conditions 'may' or
'will' occur. Forward-looking statements are based on the opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those projected in the forward-looking statements. These
factors include possible variations in ore grade or recovery rates, fluctuating metal prices, prices for
sulphiric acid and currency exchange rates, changes in project parameters, the possibility of project cost
overruns or unanticipated costs and expenses and general risks of the mining industry, failure of plant,
equipment or processes to operate as anticipated, unexpected changes in mine life of Chapada, availability of a
local market for the sale of sulphiric acid, as well as those risk factors discussed or referred to in the
Company's annual Management's Discussion and Analysis and Annual Information Form filed with the securities
regulatory authorities in all provinces of Canada and available at www.sedar.com, and the Company's Annual
Report on Form 40-F filed with the United States Securities and Exchange Commission. Although the Company has
attempted to identify important factors that could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be other factors that cause actions, events or
results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events could differ materially from those anticipated
in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances
or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on
forward-looking statements

[maiseymouse] 15/5/2007 12:56

brokers say steady as she goes

[yf23_1] 03/5/2007 16:47

bullish engulfing yesterday - lets hope we end at a high for the day at the close - that would be very positive

[maiseymouse] 03/5/2007 10:08

not a bad write up

[davepower] 02/5/2007 04:48

Kinda sad... I should have been more patient and saved myself 2k GBP. Oh well in a month it won't matter... :-) No more cash to buy more at these low levels.
Good luck with your investments
cheers Dave

[davepower] 25/4/2007 16:05

They did dip and I bought but the news release meant that I had to pay more than the 715 price that I wanted.
Oh well by December the difference won't really matter. :-)
There was talk that Goldcorp was looking at a gold producer in Brazil (or was that Latin America) after receiving the silver payment from SVM. Apparently they have an unprecedented amount of cash on hand. It'll be interesting to see what they do with it. Yamana's growth story is certainly impressive so I would not at all be surprised if we weren't the target of some predator. The real problem with this is that the share price gets an instant lift of say 50% but over the following 12 months the share price would have possibly doubled. This give us an overall loss when stocks get bought out.
Cheers Dave

[davepower] 25/4/2007 07:36

Why don't I keep my big mouth shut!!!!!!!!
Oh well I am looking to buy some more now particularly so if they dip more on the open. Still think this is the best gold stock around.
Cheers Dave

[yf23_1] 23/4/2007 04:24

Dont forget that with the stocks though there is stil execution risk, although Yamana seem to be a class act so far