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Yamana Gold Inc.YRI.TOPARTIAL SELLSep 10, 2012Stock price when the opinion was issued
As of Apr 03, 2023. Market Open.
They basically broke up the company to have the marginal Brazilian assets in Equinox. They sorted out their balance sheet.
Fed would like to be independent of politics but Bernanke needs to stand in front of them and so is not as independent as he would like to be. This is the most difficult economic environment since the great depression. Costs for gold companies are rising faster than the stock prices of the companies. YRI has been one of the better ones. He is looking to take money off the table, though.