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Gold Stock Earnings and the Effects of a Booming Gold Price
By Joel Uqagmire


When gold stock companies fail to meet analyst earnings, the share price usually drops and life moves on after investors reevaluate their investment decisions. This is the normal procedure for companies that seem to rely on the gold price as a main source of revenue. How then, one must ask, did Yamana report net earnings of $9.6 million, or $0.01 per share and not get its share price butchered. This is significantly lower than earnings of $42 million, or $0.06 per share, for the second quarter of 2008. Earnings represent a 77% drop!

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Tim Derr writes:

Subject: Thesis

Excellent thesis! I could not agree any more. Keep your articles coming. I really enjoyed the one about the great depression. great work Joel!!!

Comment provided August 31, 2009 at 2:33 pm

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