Yamana Resources INC. T- YRI Message Board

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

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To: PSkars who wrote (1772)	12/1/1998 1:23:00 PM
From: Mr. Oil	Read Replies (1) of 2346

PSkars thanks for you up beat optimism. I am sure that as the stock drifts lower many will be wanting to take their money and run. It depends partly on what type of a trader one is. A day trader is not interested in YRI at the moment. Long term investors and shorters are playing this game and right now the shorters are having the day. Some may say we are being duped by the company but in every stock holders day there are ups and downs. I believe that YRI does have great long term potential even if gold prices do not rocket to $450/oz...(mind you that would be nice). If one is a long term player the short term price drop will not worry him/her too much because as we have seen, the picture can change in a day or even a few hours. I am not about to sell though I will admit to being shaken a little from time to time. I am in YRI for the long term and I have confidence that YRI management will have success in finding a minable resource in the not to distant future. Others who are shaken out because of a short term perspective will have to take their chances on where they can reenter the play. Results are near though I had hope to have them yesterday or today. I am confident the company will be announcing results on Bacon and the resent financing very soon. What is your perspective on the price of gold over the next 6 months? Any insights from your view? Ray

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