Yamana Resources INC. T- YRI Message Board

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

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To: Greg W. Taylor who wrote (741)	11/1/1997 2:22:00 PM
From: Sultan	Read Replies (1) of 2346

One reason the stock is going down is individual investors, including myself have sold any shares held in non-rrsp accounts to book tax losses. YRI is an exploration play with excellent properties but for a lot of investors who are selling, it may be just a book keeping exercise at this point. Not a reflection on the company's prospects. Once the tax loss selling is over, the sector stabalizes and the prospects improve (some one has to report a substantial and economical find, eventually), then the price I am sure will reflect that. P.S. With your burn-rate, what are the plans to shore up the cash position.

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