Yamana Gold Inc (AUY)

[BAA_Up]

No, we're on schedule.
Talked to the company a long time ago. Everything I was promised was fulfilled. Because I was worried about the share price. Now what? Auy reduced his debts a lot.
Production increased. Dividend doubled. Reserves have increased.
Aqua Rica is a more than twice as good asset as Chapada.
Chapada is not a loss. Would have cost investments.
Good deal at today's copper price.
When the gold price rises, Auy will swing to old heights.
Is now again a very safe investment for the next years.

The financial fundamentals are now very good compared to the assets.
Auy also has shareholdings. Lea Gold etc.
Do a little research then you will find the company good.
Auy will now be heavily dependent on the price of gold, and will be going along with every gold move.
Don't forget that they produce 10 million ounces of silver.
Compare this with silver mines that produce much less and see their price.
Also the insider list is good. No sales. 2018 good buys.
Only Marrone earns too much. Is no longer present at conference calls. But he comes from the banking sector, and maybe that helps AUY.
He is also a director on the Lea Gold-board.
In conversation with Auy I learned that the planned buybacks of shares up to 5% are currently not planned.
Major investors have spoken out against it.
I have invested 60% of the portfolio in Auy. Good plus. but I'm not selling anything. But don't advertise here, I just say what I know or think.