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


To: Dan P who wrote (1106)3/26/1998 11:49:00 AM
From: Greg W. Taylor  Read Replies (2) | Respond to of 2346
 
I agree the market's cool reaction to MAI's results had similarities to what we got. I'd just add that there were no rumours out there before Lejano (none that I'm aware of anyway) so when the first news hit, the share price doubled and, despite the rollcoaster follow-up, it stayed there. Now, we (and, for that matter, MAI) have got to prove more with more drilling.

For our part, as promised, we are hoping to be drilling back on Lejano early next week. We're bringing in the driller we used last year to supplement our local crew. Dick's very happy with what he's seen down there this week and thing's are moving. We'll see what Lady Luck and Mother Nature have in store. I hope to release news from Lejano in about a month, perhaps six weeks. (Yes, I'm aiming for sooner rather than later but not all's in our control.)

Another release, perhaps two over the next two weeks on other properties.

I hope this helps.

Greg