Yamana Gold Share Discussion Threads

[mad jack mcmad] 17/4/2008 16:12

Does anyone know what this mini-tender is about at $CA15.75? Just had another message from my borker about it.

[dasv] 17/4/2008 10:47

(I third)

Look at PoG go - 952?

[mad jack mcmad] 17/4/2008 10:34

yf23_1, I second that request.

Another good day ahead.

[bushtuckaman] 16/4/2008 16:25

Any chance we can have an intraday chart on the thread plz?

[mad jack mcmad] 16/4/2008 16:20

Excellent, lets see if it can get through a tenner this time.

[leedskier] 16/4/2008 15:50

Yes good to see the reversal in gold prices and here too.

[mad jack mcmad] 16/4/2008 12:39

I will eat my hat if this doesn't move up this afternoon. It's a very nice hat made of bread.

[mad jack mcmad] 12/4/2008 15:56

Cramer says buy Yamana! Quite loudly.

[mad jack mcmad] 08/4/2008 15:08

Yamana shares are currently trading in the C$14 range, which is well below Mr. Lesiak's prior target of C$19.50. He is cutting his target to C$19.00 to reflect more conservatism in his outlook. However, with a huge disconnect between the current stock price and his target, he is upgrading it to "buy" from "neutral."

[mad jack mcmad] 03/4/2008 11:12

Going up before the US/Canada open is a good sign.

[mikkydhu] 02/4/2008 10:04

Looks as if it's at the bottom of an uptrending channel. Could go up strongly from here?

[ukgeorge] 31/3/2008 17:59

Great company

[dasv] 31/3/2008 16:46

record results:-



Record results at Yamana Gold
Created: 31 March 2008 Written by: Martin Li
Record results at Canadian mining group Yamana saw revenues soar and net profit more than quadruple to $157m (£79m) on a 90 per cent hike in total attributable production to 597,304 gold equivalent ounces (gold and silver), at an average cost of $182 per ounce. Proven and probable gold reserves increased by 11.1m ounces to 17.9m ounces.

Exploration, including at El Penon, Chile, continues to define further high grade veins, and the gold resource at El Penon increased by more than 1m ounces. In Brazil, the group completed a feasibility study for the C1 Santa Luz gold project, and in Argentina, construction is ongoing at Gualcamayo with production scheduled to commence this autumn.

With seven operating mines and five in development, chairman and chief executive Peter Marrone described the group as "amongst the best gold producers in the world". Yamana continues to target 1.3m gold equivalent ounces in 2008, with progressive increases to a sustainable level of 2.2m ounces of gold from 2012. As part of its expansion, the group completed the acquisitions of Meridian Gold and Northern Orion Resources for total consideration of $4.8bn.

Brokers forecast 2008 EPS of 95¢, subject to revision following these results.

[dasv] 27/3/2008 17:49

prob a top-up opportunity then

[magnus9] 27/3/2008 16:31

Peter Marrone on YAU yesterday. Sees gold at $1500 "within the year":

[polaris] 27/3/2008 16:10

sorry i got my listings screwed up - TSX, NYSE and LSE! ;-)

[leedskier] 27/3/2008 16:08

I knew it was listed in New York and Canada, I didnt know about Australia.

[polaris] 27/3/2008 16:02

Its listed on ASX, TSX and LSE and so open to attack. Its particularly savage after the correction down from the all time highs of last week.

[leedskier] 27/3/2008 16:00

yes, having read that I tend to agree. I thought these North American companies were immune from this.

[polaris] 27/3/2008 15:26

its on the website

[leedskier] 27/3/2008 15:25

I am not up to speed on this...can you flesh it out for me...

[polaris] 27/3/2008 15:21

Smells like a shorting attack in relation to the mini-tender offer by TRC to try and get people to sell up. Q4 production was great and expansion plans on track so can see no other reason for the fall today.

[leedskier] 17/3/2008 12:11

I topped up at 974 this morning before 8.30am it is now 1010 to buy

[leedskier] 17/3/2008 09:26

I bought (literally) a few more this morning. I hope the flight from equities in North America does not lead to a sell off of gold shares...Fed due to cut rates again...rumoured to be 1.25%. I hope the Fed does not try to control gold price ahead of that cut, but I would not be surprised. I note some are selling this morning. Agree about the spread, but that is London profiting from what they perceive as the upside after 1.30pm.