Replies to post #1922 on Yamana Gold Inc (AUY)

[CaptStockWolf]

Exactly my man. And go back and look at the chart and compare the gold chart with yamana. When gold was close to 1800 per oz. guess what yamana was 20 dollers per share. This one has $$$ writing all over it. Yamana about to increase their profit margins big time. Also because they stream lined their operating cost. Better then when gold was 1800 per oz. financially they are better positioned now more then ever with their assets and production. I'm actually surprised the market hasn't figured this out yet. Which is good because I could buy this undervalued company at these great prices.

[CaptStockWolf]

Also to note metals and mining companies have p e multiples of 29 as per stern univiversity data averaging over 90 mining companies
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

[johnnycomelately9]

This was a $20 stock when gold was over $1,500. Things are going to get crazy good sooner than later.

[johnnycomelately9]

Company has 16 million oz of gold?