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XMFSinchiruna (26.51)

Yawanna Have Yamana



October 22, 2008 – Comments (3) | RELATED TICKERS: AUY

Please enjoy my latest look at Yamana Gold, including a comparitive quantitative analysis using a very helpful valuation metric for comparing miners.

Please let me know what you think.

Fool on

3 Comments – Post Your Own

#1) On October 22, 2008 at 4:21 PM, goldminingXpert (28.69) wrote:

I thought Yamana was a good buy up at 7. Shame on me. With the dollar being like this, you can't touch any of these mining stocks at any price. Not a fun time to be trying to trade the mining stocks. Can't even get a bounce in Goldcorp so I can short it again. Nice title on the article, but buying here is premature until the dollar stops skyrocketing.

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#2) On October 22, 2008 at 4:32 PM, XMFSinchiruna (26.51) wrote:


You can if you're a value investor with a long-term time horizon.  :)

Would you seriously still short GG of you got something like a 20% bump?  :)

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#3) On October 22, 2008 at 10:50 PM, dwot (28.99) wrote:

Egad, "cash costs" should send you on a screaming run.  And the use of that garbage should banned outright.

So, low costs because high base metal production and the money from the base metals is averaged over every ounce of gold produced.  

Base metal prices have fallen through the floor, which means cash costs will skyrocket.

This is quarter 2.

 "The Company’s average net realized gold price during the quarter was $893 per ounce, an increase of
35.3% from an average net realized price of $660 per ounce during the comparative quarter ended
June 30, 2007. This compares to an average spot price for the quarter of $896 per ounce.
The average realized price from Chapada was $3.81 per pound of copper for the quarter, consistent with
the average spot price of $3.84 per pound of copper."

Just looking quickly, $42 million in earnings.  They are going to see earning plummet over $50 million from lost copper revenue.


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