Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: G who wrote (1253)	5/28/1998 9:13:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 2346

G, I guess the question is, do you want a quick pop to trade or an investment to hold. Me, I am holding my base and looking to add as the Turner Valley oil play concludes this summer. For investors the truth will come in due time. For traders the failure to pop is a frustration. Which are you? Bob

To: G who wrote (1253)	5/28/1998 9:15:00 PM
From: Greg W. Taylor	Respond to of 2346

G. For its part, Abacus is trying the Convertible Debenture route in the US. We'll see how they do. You're right about there being the influence of the financing. I didn't mention it in my latest notes but I have before. Some investors are concerned about dilution and that helps to control the price. However, there is no evidence of anyone trying to control the price; the volume is just not high enough, there are very few blocks and crosses, there is lots of evidence of profit-taking, and the market is punishing far more companies than it is rewarding (even Western Copper recently. There's always the question of manipulation but I believe that we're caught up in something less personal. Greg