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Growth Value Vision Yamana is targeting sustainable gold production of 2.2 M oz of gold by 2012.
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Yamana Gold > Message
Delgardo

Re: Why are Yamana's ounces so cheap?

Posted by: Delgardo on August 22, 2008 09:55AM

In response to: Re: Why are Yamana's ounces... by Ian Void

The US dollar is fundamentally & technically very weak and should fall dramatically. However, other countries are very reluctant to see their currencies appreciate and are resisting the fall of the US dollar. Thus, we are in the early stages of a massive global currency debasement which will see tangibles, and most particularly gold, rise significantly in price. YRI should be trading higher there market cap allows them plenty of room to improve on its present stock price.

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