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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 (1103)	3/26/1998 8:16:00 AM
From: Dan P	Read Replies (1) \| Respond to of 2346

Greg: The market reaction to MAI's release was similar to the reaction that occured after Yamana's release. Selling on news and buying on rumor. Question is, who is doing the selling? We are at the end of the fiscal year for Canadian houses, so I wonder how that plays into the stock market reaction. I believe that this represents diminished investor expectations who are happy to see relatively small returns, and take profits. In the long run, this is beneficial to long term shareholders, as it allows us to get in with more shares at a reasonable price, following further advance of the story in each case. By the way, I was impressed by MAI's drill results, with a large intercept of 4 gms/tonne gold, and 600 gms/tonne silver. I am a shareholder in both companies. This bodes well for both MAI and YRI. Regards Dan