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Yamana Gold Inc.YRI.TOCOMMENTApr 27, 2015Stock 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.
Likes gold longer-term, but in the short term he doesn’t know what is going to propel it. Feels that in the long term, 2-4 years, gold will be much higher because someone at some point is going to wake up about all of the paper that the government has printed, which is going to risk inflation, defaults, etc. His main focus is Goldcorp (G-T).