Marone has had his chances to turn around the company. Time for him to step aside and get new leadership in.
I bailed at $2.60 took my tiny (as in barely above break even.) profit and will try something different. Might come back to AUY later when the company gets it's act together. Best of luck to all.
Only .04 loss.. higher production, restated 900k ounce 2017.. back to 3's we go.
I just deleted my previous posts. Tired of this BS.. Seems like everybody running the show at AUY thinks everything is great. Only one taking the heat is the investor... Nobody in management gives a excrement to the investor.. The investor makes AUY possible as a company... We are providing the money for this nonsense... Total BS if you ask me. Hope I am wrong as I am holding the bag.
The only positive part is a 51K free cash flow that positevly affected Balance sheet: as at June 30, 2017, includes cash and cash equivalents of $132.3 million, representing an increase of $26.4 million from March 31, 2017, and available credit of $823.6 million for total liquidity of approximately $955.9 million. Net debt(1) decreased by $22 million ($2 million consolidated with Brio Gold) from March 31, 2017.
Now we have 3 extra positive catalyst, - price of gold - earnings better than expected - short squeeze
what more we can wish ...
Going green! That was not a bad report. I'm holding through 2018 for 8.00 at least (when gld is over 1500) Say all you want shorty's..
This stock looks more and more like a dead horse walking. We need the ounce price to go up but it seems like every time the price gets above $1275, there is a massive paper trade dump early in the AM which slams the price lower. Manipulated now?
All this fake runaway printing worthless papers around the world will catch up.
Big week ahead, should earnings miss we could be heading to the basement for a while, but my guess is we meet or beat estimate and continue strong into second half with .04 and .05 eps, what do you guys think!? exciting times!
3 other junior miners beat earnings after hours....... Auy will blow earnings once again tmrw. Mark this post.
Earnings today? After hours?
Down goes Yamana.... Down goes Yamana..... Can you say junk stock in a bull market?
Oh now I see why it's down when miners and gdx up today. Zack's, opened their stupid mouth.
Mr Algos you are useless. Netflix is burning 2.6 bln $ this year, and is loosing money every year. They covered debt using notes. Yamana went to 6 $ last year giving me 250 % profit.I beat Facebook and Amazon together . Just take you useless coment and get out of here
Zachs says "strong sell". Meaning..better buy more.
You all need to study the history of the US central bank, the debasing of the dollar against gold and central banks around the world. For decades the price of gold was obliviously manipulated to stay down in value in order to prop up the dollar. The time of reckoning is a matter of if and not when
Anyone know why GLD is relatively flat today but all the miners are getting hit?
Break out the champagne ! gold is up and we were up 1 cent for about 15 seconds .. cheers !