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Gold/Mining/Energy : Yamana Resources INC. T- YRI
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To: G who wrote (828)1/21/1998 8:30:00 PM
From: Greg W. Taylor  Read Replies (2) of 2346
 
To interject, the purchase was mostly in YRI shares. Annual carrying costs are in the $60 - 70,000 range. No plans are as yet laid for testing the project area without a JV partner to pay for it. Meanwhile, we've got a few months of detailed work to conduct on the existing database.

I hope this helps.

Greg
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