fallen by 39% on this time last year and sp is 39% off high of 1293p....Fibonacci rules ok....this gives target to buy possibly at around 650p if gold,silver and copper prices continue sliding
30 Apr '13
APRIL REVIEW OF YAMANA GOLD
Results due very soon;sp has fallen 25% in one month which looks excessive in comparison to the price falls in Gold,Silver and Copper even if these charts look bearish;closing price 752 p(was 1004p at 29 March 2013)which looks like a pivot point.
25 Apr '13
SILVER and COPPER also produced by Yamana so this may explain the volatility in the sp?
21 Apr '13
I know the price of gold is going down, but surely the "extra" gold volumes that YAU are producing should cancel out the loss of sales value, so why is the SP going down? Is it because the increases were already built into the SP? I thought PI's in these nervous times didn't allow for "future" income and only invested when the income was proved - or am I wrong again?
21 Mar '13
Yamana Gold produce the cheapest gold that have found to date by any large miner(as did Meridian Gold,who were bought out by Yamana Gold)and they continue to find more gold and silver in South America and Mexico......but it should be borne in mind that they raised funds at the equivalent of 240 p a share a few years ago;would recommend holding these shares in the expectation that,eventually,they will be swallowed up at a premium by another larger mining company from the same side of the Pond.
16 Mar '13
Email Yamana Investor Relations
Yamana holders, after investing a very large lump sum in Nov 2012 and paying top buck, (I know my mistake) and not necessarily whinging, i felt it was appropriate to gain some confidence and some form of explanation as to why the share price has continued to spiral downwards after a series of good RNS. Forecasts look good, and appear to be well on track. So cannot understand the ciurrent SP. Please see email response from Sean Griffin Yamana Investor relations; Thanks for your email, Stephen. Over the last three years Yamana’s share price has performed well in absolute terms and in comparison to our peers. The Company’s focus on becoming more reliable and predictable in the production of high quality ounces seems to have resonated with the street. Considering the longer term view is a key principle to how we approach delivering value for shareholders. That being said, over the last year the price of gold has declined and this has put pressure on gold equities. This decline and corresponding uncertainty about the future direction of the commodity price is continuing to affect share price. It is worth noting that unlike many of our peers, Yamana’s share price has outperformed gold over that time period. This result may be partly attributed to our strategic focus on producing comparatively low cost ounces. In terms of upcoming events, first quarter results will be announced in late April followed by our Annual General Meeting on May 1st. Regards, Sean Griffin Any views, as this is a typical load of old guff!
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