Yamana Gold Share Discussion Threads

[avc0nway] 07/11/2007 21:16

Q3 results out tonight (edited, error removed, 21:38), Nov 7th, after close of business - see my post 181. (21:30h in UK I think.)

I see that these results will be followed in the morning of Nov 8th (16:30h in UK I think), by a webcast, as detailed here:


November 8, 2007 - 11:00 AM Eastern
Yamana 2007 Q3 Results
Listen with Windows Media Player
Listen with Real Player


As preparatory homework I am doing some belated due diligence, listening/watching the Oct 18th Analyst Day 55 minute presentation webcast as detailed here (registration required):


9:15 AM ET
Yamana Gold Inc. Analyst Day
Click for presentation with Windows Media Player
Click for presentation with Real Player





avconway

[chrismez] 06/11/2007 20:02

Ye Haa - glad I stuck with this one - next target for my NYSE:AUY is $16

[yf23_1] 04/11/2007 16:04

Last minute shoot up in Gold in New York means its now broken the $800 barrier !!!

[chrismez] 31/10/2007 13:14

avc and yf23 - thanks for restoring my faith (!) and for the excellent posts - agree graph is looking very interesting here for a push upwards to previous highs and possibly beyond. US interest rate cut this pm (if it comes) might also help?

[yf23_1] 29/10/2007 17:21

Nice breakout todaty from the flag.

Golden Cross
A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.

For chartists, this cross is a sign that sentiment in the market has turned decidedly in favour of the stock, especially if up to that point two moving averages have been moving roughly in parallel.

A more precise definition may be...
To form a golden cross, the 50 day moving average must cross from below the 200 day MA to above the 200 day MA, whilst the 200 day MA must also be rising.

Which is why in my last posting I mentioned that the 200 ma will be rising over the next 2 months and the 50 ma will be rising to meet it.

We already have the 21 ma crossing the 50 ma and soon we should have a proper golden cross.

[yf23_1] 25/10/2007 14:21

Chartwise this is looking better.
A pennant/flag on high volume - appears to be building a nice base in the 660-680p range and 200day ma now at 650 and should start to rise as we remove the last 6 month dip.

[avc0nway] 25/10/2007 10:44

"This is a very odd thread - no one to talk to except oneself."

Well, surprise, surprise - there as many as one people (edit, two people) listening! I hold these as a play on the pog, and drop by here from day to day.... .

Brief comment in Canada's National Post (following the announcement that "Yamana will be hosting an analyst day in Toronto today, Thursday, October 18, 2007") :-

Looking at the new Yamana Gold

"Company guidance suggests a third of its gold production in the next few years will come from mines under development, (analyst Raymond James' Paul O'Brien said in a research note.) And with a US$75-million exploration budget to be split roughly 50/50 between Yamana and Meridian assets, Mr. O'Brien says investors should expect plenty of news from the company.

He maintained his "outperform" rating and $16 price target on the stock."

[Read also the comments on pog by "gold experts" #1, #2, #3 and #4 listed in the N/Post's side-bar.]

Next news here will be on Thurs 8th:-

"YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY)(LSE:YAU) announces that as indicated in its press release dated October 15, 2007 the third quarter 2007 financial results will be released after the close of business on November 7, 2007."

avconway

[talltalk] 25/10/2007 10:12

CHRISMEZ

Thanks for posting - which is appreciated. I hold Yamana in ISA . Yes it could be a target itself if the price does not recover soon. Often share price is weaker while a company digests acquisitions.

tt

[chrismez] 25/10/2007 09:48

This is very odd thread - no one to talk to except oneself. Anyhow I kept my Northern Orion and have been 'rewarded' with 1086 shares in NYSE:AUY. When I will receive them and be able to trade in them is anybody's guess - Barclays told me 6 to 8 weeks!!!! Any how my target for Yamana Inc is $16.60 or roughly £8 and with the gold price staying strong and the institutions having to buy into this now that it is mid-tier, should be achieved within a few months.

[chrismez] 15/10/2007 22:10

May be something to do with the gold price?

Maybe because it has now become a mid-tier player (after taking over Meridian and Northern)

Maybe Yamana itself is now juicy enough to be considered a takeover target for one of the big boys.

Who knows?

[mtness] 12/10/2007 14:04

Any idea why this has started reovering since hitting £5 ?

[chrismez] 11/10/2007 15:01

As indeed it has - hmmm getting very interesting now!

[chrismez] 11/10/2007 13:33

Nice move again this morning. Need this to happen across the water this afternoon and AMEX:NTO shoud rise above $7

[chrismez] 10/10/2007 17:25

Next stop £7 - mind the gap!

[lovegod] 05/10/2007 12:33

here we go

[lovegod] 02/10/2007 17:36

if gold hits 1000 per ounce and they DONT sell northern this could be the safest share of the decade

[chrismez] 01/10/2007 22:49

Haven't posted on this thread before but am holding some Northern Orion (from last year) on AMEX:NTO and since there's no thread for that one I wondered if anyone on here holds a similar position and if so what your views are.

IMHO it looks like the sweetened offer will probably be enough to tie up the deal with Meridian in which case the takeover of Northern will take place quickly after that.

The options are to sell Northern at a profit now or wait for the takeover and hope Yamana Inc goes from $12 US northwards. In August I heard one analyst on Business News Network in Canada extolling the virtues of Yamana and said (a) the deal with Meridian was not a good fit and (b) when the deal died a death Yamana would race upwards to circa $19. Don't think the deal is going to die a death now, so where next for Yamana?

[yf23_1] 10/9/2007 02:38

AVM GFM HMB

[nextgen] 10/9/2007 01:04

Hi everyone,

I am new on this thread but very keen to make some investments in Gold Mining companies. Is there anyone who can provide me with a list of some co´s specialised in Gold that are listed in UK.

Many thanks

[yf23_1] 22/8/2007 19:52

Looks like good news
Northern Orion voted for merger and it looks like they waived conditions, which I take to mean its now not dependant on Meridian going thru.

All the share price weakness has occurred because of the paper offer for Meridian which has caused the offer price to be less.

I dont know if the market didnt like the Meridian offer, so if it completes at a lower price or fails, maybe that will mean good news.

The merger looks to make strategic sense but its a high price to pay by the shareprice goin down 40%.

[edjgee] 16/8/2007 14:52

YAU followers this is beginning to look well cheap. Guess takeover and digestion worries might help it down but stateside gold. Anybody got any chartists stats that might help us. I'll estimate 460 as slow down point but any ideas?

[yf23_1] 31/7/2007 09:46

Weakness is due to using its own paper for current acquisitions.

[richandjanet] 31/7/2007 09:03

I may be wrong it may be forming a base. Gold stocks out of favour at the moment. I'm expecting a change in sentiment in the next few weeks. JHust a matter of timing

[davepower] 31/7/2007 00:41

Yes Rich.. sad to say the chart looks horrible...
I'm not selling tho as time will be the big healer on this and I don't really have any other stock that leaps out at me as a Buy.
Cheers Dave