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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 (914)2/19/1998 9:08:00 PM
From: Sultan  Read Replies (2) | Respond to of 2346
 
Greg: Wonderful how the tone of the thread has changed all of a sudden. But don't you still have to shore up your balance sheet in terms of cash to carry on a bit aggressively ? So what happens next.



To: Greg W. Taylor who wrote (914)2/24/1998 1:07:00 PM
From: Roughrider  Read Replies (1) | Respond to of 2346
 
Greg if all of the June 23rd warrants were exercised, how much would that put in the bank for YRI? It seems that could or would be the simplest place to get a few million. No brokerage house commissions or such, we just write you a cheque. To get to that point is a very long shot. It's roughly four months, one drill. Also it appears YRI is just doing surface drilling and will go back later for the big stuff. I don't think a joint venture to help fund the project will be enough to help. Also Greg is YRI going to the PDA? Thanks again. R