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Tuesday, November 9, 2010

Yamana Gold on the cusp of a breakout

For the person that asked what I thought about AUY--I think it's on a break-out--and here's some older information that may get some play now that gold companies are being looked at from my file when I played this--I haven't updated it a while as the stock is a little slow for my blood--but here at least it looks like some quicker action--and the stock is really cheap for a gold play--because most of the Capex stuff that they have done isn't reflected in the current stock price.

TD had a more bearish outlook because of lack of reserves growth (that's obviously now changing)--but I've changed laptops and my research on newer stuff is on that--but FWIW--hope that helps.