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

To: Roughrider who wrote (864)	2/14/1998 5:46:00 PM
From: Greg W. Taylor	Read Replies (2) \| Respond to of 2346

R: I guess I would like to have the post back, not because I don't believe it but because it comes across as coy. I don't want to knock anyone who's legitimately looking to run their business and to help their shareholders. Where I get bothered is when the market starts to fly on rumours, rather than reality. And that's going up or down. Putting the major issue of fraud aside -- because that's not an issue here as far as I'm aware -- Bre-X took off because people believed they were in on a secret. As you know, the lie behind that has devastated this industry, and we're all paying for it. If there are good companies, with good properties, telling their stories and getting the market to listen, fabulous. (And I'm sure you're one of those who'll generally recognize the difference). But if promotion takes over again, then the legit plays will suffer. Yes, I'm biased. But my plans are also for the long run rather than for a quick hit, so I do go back to what I said: Be cautious. Look for the facts. (Remember, if a company has information which would reasonably be expected to influence an investor in his or her decision about buying or selling that company's shares, then they MUST report it expeditiously.) If you asked me specifically about IPJ, if that was what this "conversation" were about, you might ask "Would I do things differently? Would my approach to the market be different?" Absolutely. Maybe it's a question of style or different corporate objectives. Still, I'd repeat what I've said before: They have some very interesting land positions and they have done reasonably well in the market so I wish them luck. No, I don't have any "facts" at my disposal which would convince me to sell their shares, beyond the market activity. Greg PS: I AM doing something with my wife today. I've just taken a moment for you. Cheers.