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

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To: Yorikke who wrote (1817)12/7/1998 11:09:00 PM
From: Neil Irwin  Read Replies (1) of 2346
 
All:

There's a sizable positive "Investment Commentary" in this week's Northern Miner about Yamana. I won't tell you who wrote it, but if you have been following this thread, and know "the game", you would know right away!

Neil.

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Some of the quotes are:
"This could be Yamana's year"

"... even with this dilution, we believe that its market capitalization does not reflect the merits at Bacon, Lejano and other properties in the Deseado Massif."

(at Bacon) "One of the more spectacular intersections from previous work was hole 16, which hit 24 metres (true thickness) of 664 grams silver and 0.68 grams gold per tonne, including 6 metres of 2579 grams silver and 2.62 grams gold."

(at Lejano) "a mineralized core zone of 4 metres (true thickness) averaging 550 grams silver, 1.56 grams gold and 6.1% lead, encased by lower grade disseminated mineralization ... (which) averages 20-22 metres thick, with an average grade of 200 grams silver, 0.5 grams gold and 2.5% lead."

(at Ciclon West) "limited samples returned values in the range of 50-1000 grams silver, 0.1-5.6 grams gold and up to 3% lead. ... with a strike length of at least 2 km."

"professional management team"
"excellent record of disclosure through model press releases"
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