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: PSkars who wrote (1344)	6/12/1998 11:27:00 AM
From: Phil Cressman	Read Replies (1) \| Respond to of 2346

Let's face it the market is down on everyone but especially mining stocks. At least the new share financing isn't dead yet. Just called my broker to find out the status and he said they (First Marathon) hadn't given up on it, just that it was really tough getting it subscribed for and the market hasn't helped. YRI needs this money to get to the next stage with properties and I'd hate to see them have to jv it.

To: PSkars who wrote (1344)	6/14/1998 10:11:00 AM
From: kingfisher	Read Replies (1) \| Respond to of 2346

PSkars, Your figures are very much on the low side.If you looked at the press release a few weeks ago Richard Walters commented on targets of 100 million ozs at Lejano and also Bacon.So we are talking 200million ozs of silver with serious gold and base metal values. My calculations project a potential deposit in excess of 2 BILLION dollars in shallow open pit deposits. Regarding the financing I would like to see a convertible debenture issued at 10.5% interest convertible into 600 shares of Yamana per $1000 debenture. Richard