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

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To: Bat Man who wrote (2161)6/2/1999 12:38:00 AM
From: Ronald Russell  Read Replies (2) of 2346
 
If Yamana had any intentions of halting drilling for the oh-so-big winter that you and others are talking about, they would never have begun drill testing so late in the season in the first place. Such a plan of action would be illogical and extremely counterproductive (why release good news if you are going to be "going cold" in the next few months?).

Allow me to quote a segment of the 1998 annual report from a company with holdings in the same areas as those of Yamana, Pacific Rim: "[Argentina and southern Peru] are in the physiographic area known as the Puna, dry Andean uplands analogous to the Altiplano of northern Chile. Unlike more mountainous regions, the Puna is workable YEAR ROUND" (emphasis added).

Regardless of exactly how close or how far away northwestern Argentina is from Peru, the fact remains that the entire region has a subtropical to tropical climate. So you see, how Bolivia fits into the whole scenario doesn't make that much of a difference.
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