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

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To: wayne who wrote (1860)12/11/1998 8:26:00 AM
From: Mr. Oil  Read Replies (1) of 2346
 
The market is interested in length of strike more than grade of the strike. Grades were high but lengths were not. Those invested in YRI hoping for another big run like ARP after the news on Bacon are disappointed and of course speculators in penny stocks don't have lots of patience.

Those who know the long term potential of the YRI prospects and the aggressive efforts of the company will be given more opportunities to accumulate at even lower prices. I am looking to buy more below .80. It will likely be possible as we come into Christmas.

One thing I have learned about buying stocks. They usually don't go up when you want. They usually go lower than you expect and of course they often go higher than you thought possible when the news is good. This is a hold for now and looking like a good buy again soon. JMO

Ray
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