Columbia Yukon Resources (A.CYR) Message Board

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Gold/Mining/Energy : Columbia Yukon Resources (A.CYR)

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To: Younger who wrote (612)	3/31/1998 8:33:00 PM
From: Syncrude	Read Replies (2) of 686

While you may find $36,500 worth of trading "interesting", I can't see what the excitement can come from. Just being several miles away from another company's discovery does NOT guarantee anything at all to CYR. Remember Voisey's Bay and all the stories that came out of that adventure! Just look at how much CYR paid to secure their Alberta properties, how long after everyone else they arrived at the scene and their lack of experience with diamonds. The market is not anticipating very much judging from the lack or stock price movement and low trading volumes. On the plus side, given the Company's dismal financial condition and increasing number of shares outstanding and to be issued, they probably made the best of a bad situation. Management should be credited with turning around and attempting to get out of the hole. At this point in time, I would think that the Liberty Bell property holds better hope for the Company. Then again they may get lucky with Mustang/Gadsby. Just don't bet the farm and remember that this is a very speculative stock that does not have a good following. Good luck to all, we will need it!!

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