yamana was at $17 before...couple years agogold and oil are risingnem, abx are way up...yet auy is stuck in neutral.time for this to fly...look at fpp, cwei, AA
Yeah, i was a bit harsh. should have had another cup myself. Good luck with auy.
as long as this guy is CEO, yamana will not even close to a buy out target. Peter himself will not benefit from taking out. He is more like a financial guy. He got a lot from his ORA.Warren Buffet always put management on top. One guy told me, quarter earning all depend on how you legally cook the book. I don't know financial, but I believe him.
Very simple. The company mines gold but does not know how to generate any earnings from selling gold. You might want to forget $20 a share for this dog until they figure out how to sell that gold at a profit.
We'll be at $16 before the New Year.