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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (2508)	12/22/2001 8:47:01 PM
From: brian krause	Respond to of 4409

Shows how the market has changed. $20 for a company that had very little compared to now.

To: Claude Cormier who wrote (2508)	12/24/2001 7:22:10 PM
From: ralfph	Read Replies (1) \| Respond to of 4409

Ok Claude what is your take on this little company. Bad luck or what ? YAMANA RESOURCES INC ("YRI-T;YMNAF-0") - Martha Update; Drilling Results Continue To Add High-Grade - Resources Yamana Resources Inc. announces that mining at Mina Martha has been temporarily suspended pending an evaluation of recent drilling results and the development of a new mining plan to exploit the remaining ore and additional resources discovered. Surface operations will continue to sort and bag existing inventories of broken ore until about mid November, by which time all material mined will have been shipped. Including shipments forecast in November, 3,870 tonnes containing 1.8 million ounces of equivalent silver will have been delivered to the smelter since start-up. This compares with 5,000 tonnes containing approximately 3.2 million ounces of equivalent silver in the original Phase I development plan. During September, a 16 hole drilling program confirmed existing resources in Pocket 1 and added new resources in Pocket 3. During October, underground activities concentrated on the development of two new zones for future mining. These programs produced the following results: * Pocket 1 West * Confirmed a resource of 440 tonnes containing 354,000 ounces of equivalent silver for a grade of 804 ounces of equivalent silver/tonne. * Further to the west, deeper and outside of the above resource area were drill intercepts of: * 0.5 meters of 744 oz silver/tonne (gold assays pending) * 0.5 meters of 388 oz silver/tonne (gold assays pending) These have not been reflected in the confirmed resource. * Pocket 3 East * Seven drill holes east of the original resource area have extended it 20 meters to the east and down to 30 meters; adding 2,585 tonnes containing 1,010,000 ounces of silver (gold assays pending). * Continuation of drifts 15 meters to the west and 15 meters to the east of Pockets 1 and 3 respectively have prepared new areas for mining. Current resource estimates at Mina Martha, beyond material mined and shipped, now total 4,993 tonnes @ an average grade of 428 ounces of equivalent silver/tonne for 2,134,000 contained ounces of equivalent silver. About 600,000 of these ounces are contained in pillars and remnants left behind by the mining contractor. These may not be immediately mineable without creating future access problems to new resources. A further drill program is now in process. This is designed to extend further to the east the new resources already established east of Pocket 3. Discussions continue with Yamana's project lender with respect to refinancing alternatives including the potential to bring in an industry partner. The existing project loan matures on December 31, 2001. Yamana Resources Inc. is a Canadian public company in production at its Martha Mine and with substantial additional land holdings in Santa Cruz Province, Argentina. FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this release, and Yamana's future plans are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and Yamana does not undertake any obligation to update forward-looking statements should conditions or management's estimates or opinions change. TEL: (509) 838-6615 Victor H. Bradley, President & CEO FAX: (509) 838-0714 E-MAIL: Investor@yamana.com WEBSITE: www.yamana.com Great numbers but they do not seem to be in the money . Betyah old YRI would love the POS to hit 20 bucks or so. regards BAM