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

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To: Mr. Oil who wrote (1944)1/16/1999 3:46:00 PM
From: Tupulak  Read Replies (4) of 2346
 
Ray,
The stock was around this level last year at this time also. IMHO the only thing that has changed from when it was $1.00 plus is that no news has been released and speculators have gotten nervous and dumped big time. The way I am looking at it is I have a bid in for Monday and hopefully will get filled. If the news, when it comes out, is neutral or bad then the downside is very limited from these prices $0.10 if that much. The upside potential is much better $1.00 or more. I may be out to lunch but it won't be the first nor the last time. That is just my reasoning.
Curtis
P.S. Elizabeth, jump in and tell me why I am wrong if you would like. We both know that at this point it doesn't matter so much on what they have in the drilling results but rather how the market perceives the results.
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