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

To: Feline who wrote (797)	12/21/1997 8:20:00 PM
From: Greg W. Taylor	Read Replies (1) \| Respond to of 2346

Feline: This is a rough target we are cutting back to / heading for in the coming months. Traditionally, we have been spending more than 80 percent of all monies on exploration. Now, that proportion will be lower, particularly since we are going to be doing very little drilling and geophysical work. As it's Sunday, I don't have more detail than this at my fingertips. I'll see what kind of break-down I can come up with in the next few days. As stated in the last Prospectus (June 1996), Vic made about $145,000 in 1996. His salary has been cut along with the rest of us who are still here. I hope this helps. Greg