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

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To: Greg W. Taylor who wrote (673)9/7/1997 5:11:00 PM
From: Roughrider   of 2346
 
Greg thank you very much for the time you take to answer the concerns of Yamana shareholders. As mentioned before on this thread it was a disappointment for Rio Algom to have made the decision not to continue their involvement in the Santa Cruz properties. I understand that Yamana is trying to find a new partner or may fund the new season by themselves. My question is when will Yamana have to make that decision inorder not to lose the next season of drilling because of weather? I understood that the new season could start this month.

I believe the only sure way of increasing the share price is finding a real mineable deposit. It is a real concern that Yamana is still looking for partners for drilling at Santa Cruz, Fin del Mundo, and the Northern Porphyry Belt. Is it possible that Yamana is going to have to self something themselves, so they ( we ) can concentrate on one or two projects in the next 6 months, find something meaningful so warrents are worth exerciseing for the needed new money.

Are the majors able to hold back and wait for the juniors to offer them better earn in deals? Again thank you Greg.

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