SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: Phil Cressman who wrote (1251)5/28/1998 7:19:00 PM
From: kingfisher  Respond to of 2346
 
Thanks,It is unfortunate that current market conditions are so cruel. I suspect that the average investor is becoming increasingly more sophisticated.How many billions have been lost to fast talking promoters hyping junk.The junior speculative stocks are trading as if society is within weeks of going back to living in caves.Most of the exploration stocks deserve to trade at low levels but not Yamana! These results are extremely encouraging and the patient investor will be rewarded.As difficult of an environment it is to raise money Yamana will survive to see this prospect developed into a mine.It is my opinion that the 100million ozs of silver anticipated in the news release has been seriously understated to avoid being accused of hype.Wait till fall when deep drilling results start to come in.Institutional portfolio managers will be stepping over each other stampeding to buy into Yamana.
Unless the entire world is going to hell in a hand basket you will not be able to buy this stock for under $4 by year end.

Richard