enviro111

Yamana Gold Looking Like a Takeover Target - Dundee

Long term I would rather hold a focused AUY with some big time growth prospects than a huge watered down NEM with only decline ahead of it.

I would hope the management of AUY extracts years worth of appreciation if they sell out. why give up a company that could triple in the next five years just for a small takeover premium??

The problem is there are too many quick buck artists and not enough long term investors.