GUS100CORRINA

Credit Suisse Expects Gold Miners to Disappoint

Regarding Yamana, I came to this conclusion several weeks ago ... my numbers indicate that earnings will come in somewhere between $0.25 AND $0.30 per share whiich would include the FX and Copper Hedge on AUY's hedge book. Based on this fact, AUY looks like for P/E will end up in the 4-5 range ... unbelievable.