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Yamana Gold Inc.YRI.TOCOMMENTJun 27, 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.
Assuming that gold drops to $1000, do you think a company like this would survive? Should he wait for it to go to $8.50 range? Likes this as a mid-cap story with good production growth coming down the road. Have a good balance sheet and they don’t need to go out and get money. If you wanted the gold company, this would be the one to own.