Seeking Alpha

KIA Investments

 
View KIA Investments' Comments BY TICKER:
  • World's Top 6 Gold Producers: 6th Place, Yamana Gold [View article]
    Thank you. I hold a position as well in AUY since the time I wrote this article. Got it at a fair price too.
    Jun 15 11:21 PM | Likes Like |Link to Comment
  • World's Top 6 Gold Producers: 6th Place, Yamana Gold [View article]
    Thank you RHD. Good question. The ranking takes more than one attribute into account: production level, quality of assets, revenue, projects potential and cash flow available to operate to name a few.
    Mar 26 06:53 PM | Likes Like |Link to Comment
  • World's Top 6 Gold Producers: 6th Place, Yamana Gold [View article]
    Good question Tom. For now, there is no indication that the Argentinian Government will nationalize the mines from its country. However, facing high level of inflation, the Government is trying everything in its power to counteract its perverse effects. Therefore, any operation in Argentina is risky. Diversification by mining in many jurisdictions is the best way for a company to reduce the risk to its minimum.
    Mar 19 03:35 PM | Likes Like |Link to Comment
  • World's Top 6 Gold Producers: 6th Place, Yamana Gold [View article]
    The cost of $1,434/oz is the average cost for gold only with G&A, capex and explorations fees included.
    Mar 19 12:09 PM | Likes Like |Link to Comment
  • World's Top 6 Gold Producers: 6th Place, Yamana Gold [View article]
    You're welcome Walt970. The average realized gold cost for 2012 was $1,434/oz considering G&A, sustaining capex and exploration costs. However, I believe the by-product cash cost gives a better indication of how much it costs to a company to dig out an ounce of gold without considering the capex and exploration costs. These costs are highly variable depending on the aggressive or conservative approach a given company will allow its cash to fund its projects and exploration activities.

    I know some will disagree but it depends how you want to take a look at it. Yamana remains one of the top by-product low-cost on the gold market.
    Mar 19 07:34 AM | Likes Like |Link to Comment
  • World's Top 6 Gold Producers: 6th Place, Yamana Gold [View article]
    You are much welcome Jim.
    Mar 18 06:25 PM | Likes Like |Link to Comment
More on AUY by KIA Investments
COMMENTS STATS
274 Comments
121 Likes