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

To: PSkars who wrote (1300)	6/5/1998 6:39:00 PM
From: kingfisher	Read Replies (2) \| Respond to of 2346

Hello PSkars, If I can bother you with one more question....I am puzzled as to why there are very few announcements of gold mine closures or base metal mines shutting down.Even the oil producers can not agree to cut production to allow prices to rise.Perhaps these operations are so indebted that they have to keep producing to generate enough cash flow to keep the bankers happy?IMHO until there is a concerted effort by commodities producers to cut production prices will not firm up.What is your opinion? Also if base metal mines start to close especially copper mines will this not be very positive for silver because a great percentage of silver production is a by product of copper mining? Thank you, Richard