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


To: The Barracudaâ„¢ who wrote (801)12/21/1997 8:31:00 PM
From: Greg W. Taylor  Respond to of 2346
 
Bob:

At the moment, we have a little under US$7 million at we have 27,288,000 shares outstanding. Fully diluted doesn't count because none of the others are in the black and if they were they would add about $25 million more to our coffers.

Current projections are that we will be all right for about 12 more months. This is based almost exclusively on the status quo. In other words, this would change if we have a JV, if the price of gold turned significantly, if the market improved enough etc.

Greg