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Yamana Gold Inc.YRI.TOWEAK BUYMay 28, 2013Stock 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.
Believes there is a double bottom in place for bullion. Likes gold here even though he has never been a gold guy. This one disappointed in their last earnings report. Well managed company. 1st quarter is always their weakest quarter. He would hedge his bet of owning a gold stock by picking up some iShares Gold Bullion (CGL-T).