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

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To: kingfisher who wrote (1684)11/18/1998 9:16:00 PM
From: Mr. Oil  Read Replies (2) of 2346
 
Richard thanks for your help in this calculation. I think I have it straight now. One point I don't get though.

>> Cannacord and First Marathon will snap up the entire issue and it will indeed be a VERY MERRY CHRISTMAS for Yamana shareholders. <<

How will this be of value to Yamana shareholders? If they snap up the issue they aren't buying yours and mine. They are buying the companies. Won't this literally stall the price hike and limit the upside. Too much supply for the demand means lower prices!

Ray
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