The Motley Fool Discussion Boards
Stocks Y / Yamana Gold
|Subject: Re: Buy||Date: 2/10/2010 8:44 PM|
|Author: Matt1344||Number: 641 of 649|
"Just bought at $10.46"
I have reduced my AUY holdings over the past year. I felt there were other places I wanted to put my money into, or maybe place my bets on more accurately describes my actions ;-)
The following is not a recommendation to buy, just something to consider, maybe do a little due diligence on and see if anything looks good to you and you want to add other miners to your portfolio. Some of them are not producers so they can be higher risk, and I consider all to be high risk... I also consider the dollar to be high risk should the Fed fumble the ball. I have no idea what will happen with any of these companies, or the dollar, so seek professional advice as needed.
Per my Profile; Favorite Stocks: XRA RBY COLUF GORO EXK IAG EGO FVITF EVOGF
Exeter(XRA): http://www.exeterresource.com/ "[...] In October 2009 Exeter announced an updated National Instrument 43-101 (“NI 43-101”) compliant mineral resource estimate for Caspiche, for all drilling conducted to end 2008-2009 drill season. The inferred resource is 19.6 million ounces gold, 4.84 billion pounds of copper, and 40 million ounces of silver, or 32.4 million gold equivalent ounces (refer to October 20, 2009 News Release). The additional 12.8 million ounces of gold equivalent is calculated using a copper conversion price of US$2.00 per pound, a silver price of US$12.00 per ounce and a gold price of US$8