Yamana Gold Share Discussion Threads

[jonwig] 29/11/2008 08:47

Yet more on Yamana call options:



Rallies in silver and maybe plat can't be far behind. I'm looking at HOC for silver and SLV for plat ... any other ideas here?

[mad jack mcmad] 28/11/2008 13:02

Would be nice to see this through £4 today - that's my average cost.

[swebb99] 27/11/2008 14:58

Doh I guess my timing was a little off, oh well. On the brighter side I did take the money out of YAU and put it in CEY which has risen also. I probably should have taken my initial investment out and left my profit.

[dasv] 27/11/2008 10:45

more on call options activity for yamana:-

[ukgeorge] 26/11/2008 20:57

yep up to £3.60 onwards, this will looked like the buying opportunity of the century in a few months time for some of these gold equities.

[mad jack mcmad] 26/11/2008 20:37

Decent rise again in Canada, should open up tomorrow again.

[swebb99] 26/11/2008 12:19

Well I sold. I made a nice short term gain of 30% much better than I expected in the time I held the share. I wasn't sure if the rise would continue so I jumped out while I was ahead today. I will probably be back at some time.

[jonwig] 24/11/2008 15:23

Catching up with gold, swebb, physical and paper!

Also hope mayber that Copper price may be flattening out?

[swebb99] 24/11/2008 15:08

Blimey looks like I got my timing right for once :) Other than the ridiculous low valuation last week is there any other reason for todays rise ?

[jonwig] 24/11/2008 12:47

Hectorp - the UK quote (which I've bought) is traded thinly, but there are high volumes in NY and Toronto. I suspect the London quote is driven by futures or real-time trading over there. (The charts in the header don't seem to reflect the actual quotes.)

[hectorp] 24/11/2008 11:37

Today we can see the problem with YAU - yes ots a great share for gold investors but look at the thin-ness of trading and rocketing price. Very hard to get a fill before it flies away. also see the awful spread. Other hand, K ( Kinross) you can get down to a 1-2 cent spread ( ie 0.2 percent) during the afternoon. PS they should both do very well today. I'm staying with Kinross for now.

[hectorp] 24/11/2008 11:37

Today we can see the problem with YAU - yes ots a great share for gold investors but look at the thin-ness of trading and rocketing price. Very hard to get a fill before it flies away. also see the awful spread. Other hand, K ( Kinross) you can get down to a 1-2 cent spread ( ie 0.2 percent) during the afternoon. PS they should both do very well today. I'm staying with Kinross for now.

[skyship] 22/11/2008 15:39

Another "teenage scribbler" gets it wrong as YRI reverses off a double bottom and jumps 17% in Canada!

[dasv] 21/11/2008 16:02

Forced selling by hedgies has to end some time. It's been going on for months. Super-rich have been dumping since May. Could go on for longer. Fly in the ointment for gold is deflation. But "The Fear" seems to be compensating. Good luck all.

[hectorp] 21/11/2008 13:53

Useful post, jonwig ( above). So hedgies forced selling , could be.

Note the US only have scope to drop rates to zero, ie 1% more ( to be expected) and as has beens aid many times since September elsewhere, Fund Managers will need to get their cash to where it can make a better return than on T-bills. So of course, may China, etc etc etc.!

[chrismcglone] 21/11/2008 11:52

Certainly would swebb99. Posted to that effect on the Centamin board yesterday.

More than a few 'bun fights' would ensue me thinks.

[yf23_1] 21/11/2008 11:51

Gold will turn when the $ drops, i.e when the deleveraging in $ ends.
Then the fundamentals of US debt will reappear and gold will resume its place as a store of value against fiat currencies where supply is destined to increase to avert deflation.
The US will either have to raise interest rates as they cannot attract capital or let the dollar drop.

[swebb99] 21/11/2008 11:25

I think gold related stocks could be an interesting play in the next few months. I would love to see a few guys in trucks turn up to Comdex and ask for their gold ;)

[dasv] 21/11/2008 11:12

many thanks jonwig.

[ukgeorge] 21/11/2008 10:54

just bought a hundred of these and a few HOC seem a give away at these prices 82p for hoc

[swebb99] 21/11/2008 09:53

Cheers for that jonwig, confirms what I had thought :)