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Yamana Gold Inc.YRI.TOWATCHJun 24, 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.
Everything is coming unglued in the gold sector. If the industry thinks we are going to be here for any length of time they will shut down mines so we are in a wait and see mode. $1155 is a major support and he thinks we are going to go near this level. This would be a phenomenal buying opportunity.