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Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: mrResource who wrote (2274)9/20/1999 2:41:00 PM
From: SwampDogg  Read Replies (1) | Respond to of 2346
 
What a strange NR and why the wait?
I detest releases like that as they are such an obvious attempt to raise the stock price. There is NO "material change" in the company yet.
The release could mean anything...
#1)A PP and further dilution
#2)A JV and further dilution of value
#3)A royalty agreement (probably the best outcome)
#4)Nothing

I would prefer if they just waited until there was a deal signed. That way small investors will not be wooed so easily by the whims of floor traders.



To: mrResource who wrote (2274)9/21/1999 9:23:00 PM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 2346
 
This is so bogus when the news release is 2/3rds disclaimer.