Yamana Resources INC. T- YRI Message Board

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

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To: Michael July who wrote (621)	7/16/1997 8:23:00 PM
From: Greg W. Taylor	of 2346

Michael: I am not aware of any buying or selling of Yamana's shares by senior management or the Board of Directors since March. I have not checked specifically. I agree that it will take a major find to FORCE the share price back up. At the same time, I also believe that the other market-related factors I mentioned in my last message could have a more general, positive impact on Yamana and a number of other juniors. As far as new investors are concerned, you may be right. However, based on the calls we are getting from individual investors, brokers and the like, people understand that this is not under our control and, until there is a turn in the market, we'll be hurting, even if / when we do announce a deposit. In the meantime, what we may well be able to do is to continue to give our shareholders a reasonably steady flow of good news. No hype. Just results. Credibility remains the key. I expect significant feedback from our shareholders in Toronto on August 15 at the annual meeting. I also expect to meet with others next Thursday at the Vancouver conference. Greg

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