Wheaton River Minerals (WRM Toronto) Message Board

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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)

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To: M5PRO who wrote (22)	3/6/1997 6:01:00 PM
From: M5PRO	of 350

To All, Wow, what a day for WRM! 1.7 million shares traded for the day,a whole lot of crossin' goin on, news release stating Glencairn Explorations agrees to a private placement of 1650000 million shares for approximately 1 million dollars and that's not it! They are also negotiating to sell their control position in YGC Resources! Whew, these guys are busy!! We'll have to wait and see what the details are! Anyways, I feel it's a win win situation for both companies but ultimately for WRM(just an opinion)as now their #1 focuss will be their Golden Bear Mine. They will also benefit from the sale of the control block of shares held in YGC Resources(6.9 million shares)!!! As for YGC shareholders, one can only hope it's a major company or an emerging major company???(There are numerous candidates in the area and they are also JV'd with a highly recognized company?!?!?!)I have my suspicions on what company it might be but I'll let them announce it first. Well, we'll leave that up to the big boys to hash out! In the meantime,sitback,relax and let the developments bring us more good news! C-YA Matt

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