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


To: Shire who wrote (992)3/3/1998 5:53:00 PM
From: Greg W. Taylor  Read Replies (2) | Respond to of 2346
 
Shire:

I'm afraid I've got to be a bit indirect here as I'm concerned about selective disclosure: Our last reported cash was US$7.7 million (November 30/97). Similarly, we are no longer reporting our burn rate, partly due to Disclosure concerns but also because we are reducing it sharply almost every month.

I can only add that we have enough cash to get us through 1998 and to continue our work at Santa Cruz.

I hope this helps.

Greg