We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
what is going on - note the number of shares - zero
10-Sep-21 19:31:23 299.37085 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 19:38:00 299.37085 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 20:38:31 297.92462 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 20:39:15 297.92462 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 20:41:39 297.92462 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 20:12:54 298.64773 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 20:24:15 297.92462 0 Sell* 300.00 325.00 0.00 O
10-Sep-21 20:44:32 298.64773 0 Sell* 300.00 325.00 0.00 O
Well if today's RNS doesn't send this sharply upwards, I don't know what it will take.
"These initial results further align with the objective to sustain 200,000 ounces per year of production at Wasamac and achieve a strategic mine life of more than 15 years, which, in turn, aligns with the potential to increase the Company's average annual production in Quebec to approximately 500,000 ounces by 2028 through 2041. "
I like it.
What is going on here -
03-Aug-21 16:26:58 327.38524 0 Buy* 310.00 330.00 0.00 O
03-Aug-21 16:25:37 327.38524 0 Buy* 310.00 330.00 0.00 O
03-Aug-21 16:15:49 327.38524 0 Buy* 310.00 330.00 0.00 O
3 RNS announcements today - all good news - including an increased dividend payout.
Could the launch be close -
Yamana Gold: A Dirt-Cheap Valuation For This Organic Growth Story
https://seekingalpha.com/article/4440141-yamana-gold-a-dirt-cheap-valuation-for-this-organic-growth-story
For the Launch.
Reversal pattern...
Inverse head and shoulders breakout here today with volume.
https://www.screencast.com/t/sWfi48Xctexp
Minutes after my last posting - gold and silver prices - lift off!
Nice to see a bit of a rise today, but sadly only 8 trades so far. Hoping for more to come.
And with the potential of the Mara project (56% interest) the price fall is even more difficult to understand.
Thanks for the information Noel.
I still can't get my head around the sharp price fall in this company.
On 15th Oct 2020 AUY's sp was 480p - Gold was c$1950.
On 2nd Mar 2021 AUY's sp was 290p - Gold was c$1740.
So while Gold fell 10.7% - AUY dropped by 39.5%.
Trading on the LSE has been poor, but much of that, I think is due to brokers not recognizing the UK listing and forcing investors to buy on the Canadian exchange. The London and Canadian exchanges prices are basically the same, just in different currencies, so AUY must have dropped by nearly 40% in Canada too.
I do not know of any other major gold producer that dropped by such a large amount in that period, and as far as I could see - on no bad news!
I was in Yamana for quite a few years the last time it was listed in London. It was a great company and I thought it was an excellent investment with a rising dividend, but there wasn't enough volume and so they de-listed from the London exchange. I found it odd that British fund managers wouldn't buy into a great company like this.
It isn't just odd, it is suspicious. There is a definite anti-PM stocks bias.
Kirkland Lake was another great company. I was in that one too when it was listed on the London exchange, but it de-listed for the same reason. When it de-listed, I sold. Kirkland Lake is now famous a s 50 bagger, so not only did I miss out, but so did the British fund managers - why didn't they buy what was obviously a great company, why was there no interest?
When I say "There is a definite anti-PM stocks bias" - I think it is more than that. I will say no more, but for those who know - they know.
Looks like the new safe haven is bitcoin.
market? the SP has to go up or down and the latter is more likely on the LSX :)
Can anyone explain why the share price has collapsed so dramatically?
These shares were listed on the FTSE back in October at around 480p.
Current price = 290p.
The last results did not look too bad to me, but I must be missing something!
https://twitter.com/laptop1515/status/1356178566271131648?s=19
https://twitter.com/laptop1515/status/1356164070639079424?s=19
This video gives an great introduction to Yamana. CEO Peter Marrone talks through the updated company presentation.
https://www.youtube.com/watch?v=XlTF62XGQQU
It’s available to trade on ii