Cramer Tabs Yamana Gold as the Gold Stock to Buy
Yesterday on Mad Money, a caller inquired about Barrick Gold and Cramer while not trashing Barrick said, “”If you have to own one gold stock I’m sending you to Yamana. I believe every portfolio should have a gold stock … Barrick will do well but it won’t do as well as consistent slow-growth stocks.”
Yamana released an extensive exploration update on Monday morning which included details of some promising drill programs in Chile and Brazil.“
[?]
January 12th, 2008 at 2:35 pm
[...] was these factors that I used when I made the decision to add Yamana Gold Inc. to my portfolio. Yamana Gold is a Canadian gold miner, with seven gold and copper-gold mines in [...]
January 12th, 2008 at 2:40 pm
whats not to like about Yamana. negative cash cost/ounce of ($339), great resource, 2.2 million oz production by 2012.
this is definitely one of the best gold mining stocks out there.
March 23rd, 2008 at 1:28 am
I bought Yamana at $8, and it doubled to $16.
I just bought some more at $15 (friday), and I expect
it to double to over $30, and probably over $40 by the end
of the year.