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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 (1277)6/2/1998 9:03:00 PM
From: G  Read Replies (2) | Respond to of 2346
 
" Details some time after the financing results. "
when will this deal be closed? how much longer do the shareholders
have to suffer and be kept in the dark as to the future of this company. I thought the deal was to close mid May now into june & no word, something must be wrong. I dont think the problem lies with the POG but managements abilty to put solid deal together.

IMO with such a promising property $10mm should be like a piss in the ocean for 1 or 2 houses to underwrite this issue.



To: Greg W. Taylor who wrote (1277)6/2/1998 10:32:00 PM
From: kingfisher  Read Replies (2) | Respond to of 2346
 
Hi Greg,
The market is telling us something.I also suspect that the equity financing is not being received well.Today most precious metal stocks advanced with gold and silver up.This equity financing is hanging over Yamana like a huge vulture.Until details are announced the stock will drift.I hope that Yamana's management have looked at all options.Perhaps they should focus 100% on Lejano and Bacon and curtail all future expenditures on the other prospects.
I am very puzzled on how the bids today suddenly evaporated and the stock dropped.

Richard