Boy, try to say that three times fast :-) Maybe I'll just say Triple G from now on.
Seriously, it's time for Gold to head for $1300 or $1400. Netanyahu is speaking to the House about the IRAN threat, Putin is being a #$%$ as usual and Russia is warring on Ukraine, ISIS is as ugly as it gets...domestically GDP is falling back, immigration is a mess, congress is, well...congress.
Gold is the safe bet for these unsettled times..
Greenspan's latest comments are that the economy is weak..and the debt will cap GDP growth for the foreseeable future....he predicted the growth rate being revised downward. The safe harbor investments should reap the bene's of the accumulating debt
Semi, your understanding is correct, the DRIP is optional for shareholders. It's not mandatory or automatic. I personally will take the cash payout...I have plenty of shares that are languishing at $4...I don't need any more. AUY will need to impress me with decent financial performance before I buy more. MHO
How many common shares where in the marketplace in 2005, what was AUY's book value in 2005? Important to know those numbers to compare market worth.
A bullish sign for me would be AUY trading between $5 and $6 like most expected with a decent quarterly and absent the dilutive equity raise. Thanks Moron-e.
Gold is up $10+ and AUY is down....makes no sense. I guess AUY will have to announce that they hit a diamond vein at one of their mine sites...then it should go up a penny or two...aargh.
waiting for some good news that will propel this issue has been like Chinese drip torture. Our day will come...just hard to be patient. Need some red hot Gold sector news.
but gold needs some kind of boost.
but the the DOW and NASDAQ are way ahead of the economic growth curve right now, so when the pendulum swings, and it ALWAYS does, gold will regain favored status. My guess is that it will be some time in the first part of this year. One world event, economic or otherwise, and the markets will get rocked.
I thought the stock was going to get hammered. Wouldn't have surprised me to see it drop 10%. I guess investors have turned the page and are looking forward to 2015. Still think there's very good potential, but AUY has to deliver at some point. Yah can't keep generating tons of revenue at a loss...and how about a temporary stay on the impairments...I'm sick of those. Hopefully the 1st qtr financials in a couple months will actually show some decent numbers..
Good luck. I was ticked more at the impairment than the earnings miss. If they keep impairing at a quarter billion per quarter the BV will be down to $0 in a few years. Sorry to be silly but I wanted to be positively surprised and instead its a more of a blah, blah, blan...maybe next quarter. Cmon Moron-e kick it in the hiney.
Is this good or bad...or, is it the good before the bad, or, good before the better....chinese drip torture, or a snack before the main course?
Good luck Irwin...
I hope the swing up is even more steep this time. The Gold Price swings are hard to predict. Any social or economic world event can jack this baby up or down. AUY has been generally tracking with the Gold price swings....which is a no-brainer observation of course. Unless AUY clearly demonstrates that can make a decent profit in this environment, and the 4th qtr financials should be a good indicator, it will languish in the $4 range for a while. If AUY beat expectations and comes in at 5 to 10 cents per share earnings, this baby could pop to $4.50 to $5 in no time. Fingers crossed...