This is crazy. How can a U$3Bn market cap company try to ignore what’s happening at one of its major assets, refuse to say anything to its shareholders for five days and then when a pissant blogger posts a few plain facts about the disaster in El Peñon, Chile, finally, long after the close of market, come out with a news release using phrases like “successfully entered into a collective bargaining agreement” before having to admit their mega-spun version of the truth?
If I were a shareholder of Yamana (AUY) (YRI.to) I’d be ashamed at the way it’s being run.