Yamana Resources INC. T- YRI Message Board

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

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To: Abner Hosmer who wrote (1774)	12/2/1998 9:40:00 AM
From: PSkars	Read Replies (1) of 2346

Tom, I never put YRI as a proxy for the POG, but just the reverse...if the POG were at high levels, any gold stock would be a winner...just look at BRE-X of Delgatia...when the POG was at $385 and just a hint of grand gold reserves, people couldn't get enough of the stuff...of course all to their disbelief! As far a Elizabeth is concerned, we definately disagree...but I have seen her posts on several other juniors in SI and they are all the same...it is very dangerous to short stocks of any kind that have lost 90% of their value, for whatever reason...it makes no sense to short a stock that is valued at less than a $1 when your risk is unlimited on the upside...I learned this from trading commodities...If you want to short a stock, try the internet stocks that are trading at over $200/shr...now there is a rich field to trade in! Stupidity reigns at both ends of markets and we are seeing the top of one and the bottom of another...be careful my friend...more is at stake than you may think.

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