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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Ron Everest who wrote (522)2/5/1998 2:06:00 AM
From: RonS  Read Replies (1) of 835
 
Ron

It always good to see things from a different perspective especially
when getting caught up in the speculation of a hot stock. In case
you don't follow Yamana (YRI), here is what Greg Taylor has said about
YRI receiving COWs and what he thinks about working in Indo during the
short term:

"We[YRI] have not received formal notice that our two primary COWs
have been approved. However, we have been told so verbally. We are
awaiting the formal notice and signing, scheduled for Feb. 17. At
the same time, we remain cautious about proceeding in Kalimantan,
not because of anything new but a) because of the market's unease
with the area; b) because of the upcoming election (and likely riots);
and, c) because this is not where we are planning to put our short
term cash."

Regards
RonS
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