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Yamana Gold Inc.YRI.TOSELLDec 22, 2016Stock 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.
If you want to recognize the tax loss, tomorrow is the last day. This is not his favourite name in the gold space. However, he thinks it is oversold and getting to a valuation level that is somewhat attractive. They have constantly missed on the cost side of their production. He tends to like gold companies that are growing their ounce base, and this one is no longer in that position. He is short on this. If he held this, he would switch to Mag Silver (MAG-T).