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

To: Ron Pitts who wrote (1328)	6/9/1998 11:49:00 PM
From: Neil Irwin	Read Replies (1) \| Respond to of 2346

Welcome aboard Ron! It's good to see some other Bemars on other SI threads. I received the Abacus annual report yesterday, and it has a good little map showing the deposits/prospects in the Santa Cruz province close to Lejano and Bacon. In a roughly north to south line, covering about 100 kilometres, are the following (starting in the north): 1. El Puma (Minera Andes Inc) with 35m @ 3.67 g/t gold, 6.53 g/t silver 2. Cerro Negro (Mount Isa Mines Ltd. - MIM) 3. Lejano (Yamana Resources Inc.) with Hole 1: 12m @ 642 g/t silver, 1.78 g/t gold, and 6.1% lead Hole 8: 22m @ 290 g/t silver, 1.00 g/t gold, and 4.4% lead 4. La Manchuria (Abacus Minerals Corp.) with 58.05m @ 6.53 g/t gold, 22.3 g/t silver 5. Bacon (Yamana Resources Inc.) with DH-1: 14m @ 737 g/t silver, 1.30 g/t gold DH-2: 24m @ 664 g/t silver, 0.68 g/t gold 6. Manantial Espejo (Triton Mining Corp.) with 900,000 oz gold equivalent The Bacon prospect lies about 80 kilometres due west of the following: 1. Cerro Vanguardia (Anglo American) 3,800,000 oz gold; begins production in Fall 1998. 2. El Dorado (Northern Orion Exploration Ltd.) with 23m @ 5.9 g/t gold With sites like these, this is turning into quite an area play. It's interesting that the majority of these are Canadian juniors. Why aren't there some Argentinian/Chilean players active here? Neil.

To: Ron Pitts who wrote (1328)	6/10/1998 9:51:00 AM
From: Stew	Respond to of 2346

Will do some more of the same. Add on dips.

To: Ron Pitts who wrote (1328)	6/10/1998 10:35:00 AM
From: Daytek77	Respond to of 2346

Hi Ron Nice to see you back. I am in lurking mode only at this point. I monitor this site and others to get a sense of market sentiment. I mentioned earlier in a post to Greg that we are bottoming in the resource sector. However, as you know the summer does not normally create movement in resource stocks. Having said this I believe the progress that Yamana has made considering the market environment is nothing short of spectacular. The Santa Cruz properties as we discussed 1 1\2 to 2 years ago would stand out and we were right. the market does not care yet. This is an opportunity to bottom fish with perhaps 10 - 15% downside max. With an improving market which I expect late summer early fall we should start to see a tentative rebound in resource stocks. Yamana will provide exceptional news IMHO 3 - 6 months out which will make us happy again. All the best Tony