Yamana Resources INC. T- YRI Message Board

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Gold/Mining/Energy : Yamana Resources INC. T- YRI

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To: SwampDogg who wrote (2315)	11/8/1999 7:59:00 PM
From: Robert Dirks	Read Replies (1) of 2346

You asked, you got... >I can't believe that they are shipping the ore all the way from Argentina to Quebec.< The ore is high very grade probably cheaper to ship to a quality processor by sea. >More dilution for shareholders - 2M shares< Actually much better than issuing tones of shares for financing at these depressed levels - good news... Also looks like they keep 100% of the property. At todays low Silver price, they have USD $47 Million in silver - So Far..... >This does not look very good and the market doesn't seem to care.< News came out after the close. The market doesn't care about most PM stocks these days, until we get the next leg up in the POG/Silver. Look at all the big guys NEM HM, all back to the pre-Gold rally prices..... Final Note: The Capital market for financing PM mines is near dead, so this is very good news for YRI. IMO Silver should move in the coming months and that will also impact YRI. I suspect there will be more good news coming from YRI once the plans are in place. Like I said before, if you look at the YRI chart, this stock spikes up fairly often, we are overdue for one of these little moves....... RD

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