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Gold/Mining/Energy : Yamana Resources INC. T- YRI
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To: Yorikke who wrote (766)11/15/1997 9:18:00 AM
From: Ronald W.Millar  Read Replies (1) of 2346
 
m. n. muench:

I know your feelings only to well.(Maybe more so!)

I own shares in 5 Junior Mining Companies.none of which happens to be Yamama.The reason I am not a Yamana shareholder is in my greed last year I wanted only companies totally focused in Indonesia....because thats where I was going to make my "Millions"....!!!

You see Yamana was too diversified for me..their management was a little too focused on spreading there exploration projects and they were keenly interested in maintaining Shareholder value as opposed to my desire to make a quick "buck".

Well last spring when the "shit hit the fan" some of my can't lose shares went from $6.00 to a present .28 cents.

Yamana escaped the true holocost because of its diversification.But with the price of gold and limited interest in JV's from the majors , all juniors are getting hit badly.

As I am not a shareholder in your company the main reason for my following your thread is the unique advantage the shareholders in this company have in acquiring knowledge from the sourse ...namely Greg Taylor.He is candid without hyping .I wish some of my companies had an IR who would stick their neck out and participate in a forum such as this.

Anyways I wish you the best and hopfully the gold market will improve soon so that all of us can become positive once again.

Regards:

Ron
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