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

To: Greg W. Taylor who wrote (891)2/18/1998 8:36:00 PM
From: Jon Matz  Read Replies (2) | Respond to of 2346
 
Greg, not being a miner, I can't begin to calculate the minimum value of this claim. But it does appear that from your findings, there could easily be a minimum value known. The following quote is interesting, but not revealing.

Richard Walters, Exec. VP and Yamana's COO, ''Based on current metal prices, we're looking at rock with a gross value of between US$100 and US$300 per tonne. There's little question in my mind that we've the makings of a low-cost, high-margin silver and lead mine. What's not yet clear is just how big it will be.''

What has been defined as minimum tonnage? Surely that isn't classified.

Appreciate your effort, Jon



To: Greg W. Taylor who wrote (891)2/18/1998 10:26:00 PM
From: Bearcatbob  Read Replies (1) | Respond to of 2346
 
Greg, I meant my statement as a compliment. It is ok to portray a good true story. It is not ok for a select few to make a fortune on unreleased data. My perspective is that the move came with the news release and not before. My strategy has been to buy stocks with multiple targets with the hope of improving my odds of a hit. Maybe it worked. Bob


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