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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 (1160)	4/6/1998 12:20:00 PM
From: Bearcatbob	Respond to of 2346

Greg, I bought this due to the multiple targets. I think there is tremendous upside and I have learned to buy and hold good ones. I have traded in and out an, yes it can be done, but the serious money in the long run is made by holding good stocks. I wish my entry price was lower - but that can't be changed. I have decided to ride out this mess market with the hope that patience will be rewarded. Bob

To: Greg W. Taylor who wrote (1160)	4/6/1998 1:18:00 PM
From: PSkars	Read Replies (2) \| Respond to of 2346

Greg, To help your task of forcasting the price of YRI, I would like to add the price of Gold. I technically trade the metal and at this point see tremendous upside of the metal this year...It is trading as we speak at higher levels and supplies are mysteriously being depleated at the COMEX...Now with the Central banks holding the yellow metal back from the market and 8,000 tons held in short positions, this could be a very explosive and interesting year for all the quality Precious metals. Now add the fact that the XAU has broken out of a Bull Wedge/Head and Shoulders bottom, and you will start to get the big money leading the small investor into this market. I have already made 50% on my money holding TVX in just 4 weeks, and look for much higher returns in the next 4 weeks, as the big money managers come diving back in...And to add gasoline to the fire, I (IMHO) will project that silver will hit $10 this year (you can let me know in December if I am wrong). As always, no one can guarantee results and this is no guarantee, but I have been trading the metal for over 25 years and this move up (I believe) is for real. To all, best of luck in your endeavors, but keep the faith. Thank you again for the informative postings. Phil