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

To: Bearcatbob who wrote (1304)	6/8/1998 10:11:00 AM
From: PSkars	Read Replies (1) \| Respond to of 2346

Bearcatbob; I sincerely agree with you about Clinton...he and his related staff are lying thru their teeth...and we are the direct effectees. So as I also ponder the junior mining stock investments, I can only wait for the change. I am a position player, I see a market which has potential value and then position myself for the move...sometimes that is years, sometimes it is days. The point is, when all is said and done, did you make more money than if you were in a money market at 6.00% compounded over that period of time. If I don't think that I will make 200% - 600% on my money eventially, I don't invest. The thing about the metals markets is that they can be very fast, (in both directions). Another thing that I have learned trading commodities, is that no market lasts forever. Examples: When I saw the stock market turn in 1982, no one wanted to believe that It would last, now they can't wait to buy the same stocks for 10-15 times what they could have bought them for. Or when the Japanese Yen was at 240:1 on the dollar in 1985 and the Japanese market was the model of all markets - straight up (sound familiar?). Or how about the person in the 1930's that bought AT&T for next to nothing and sold it in the 1960's for a fortune. The question I ask is are you speculating or are you investing. Investing returns a profit in the long run...if you want to speculate, options are always available. So we hope for a bright future in the metals. best of luck Phil