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


To: Abner Hosmer who wrote (1048)3/11/1998 11:41:00 PM
From: G  Read Replies (1) | Respond to of 2346
 
Regararding BOB BISHOP: I view his opinion on yri which condradicts
one he made a year ago an attempt find a new group of buyers/followers
Its like a broker fresh o the scene looking for new clients.
He'll call 100 prospects recommend 50 go long and 50 go short on a
stock. And presto in a few months he looks like a geniuos to 50 of
his prospects. He can do this over and over and over etc... imo

Does anyone have any feedback from the PADC



To: Abner Hosmer who wrote (1048)3/12/1998 2:14:00 AM
From: Rick McDougall  Respond to of 2346
 
Tom

As usual thanks for the heads up on YRI's cash position.
Regarding the drill results at Vanguardia, I thought they were quite encouraging, high silver in a couple of holes & some good base metal #'s (pb). If they can continue to prove up more of the same, quite possibly a jv partner could be brought in to carry some of the financing load. If not then it appears that yamana will probably have to go to the market for more additional funds.
Greg has stated that they have scaled back on their projects in an effort to conserve $ which I believe to be a prudent decision considering todays markets & the difficulty of new financing. In any event I think I"ll hang in with the company for the next set of drill results at Vanguardia.

Best regards, Rick

PS: You are a busy fellow on that GPM thread. Don't know where you find the time but keep up the good work.