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


To: Bearcatbob who wrote (1366)6/17/1998 2:48:00 PM
From: PSkars  Read Replies (1) | Respond to of 2346
 
Bob, As the Asian crisis becomes worse, we will probably see Gold firm, if not rise coming into the Fall (Oct.). I believe that Yamana may have another opportunity for financing of this project before they start to drill in Sept. We need to keep an eye on the Euro Central Banks...I don't believe that they will be sellers any more, thus supporting the $280-$300 level...the longer that this base builds, the stronger the move up, usually from short covering.

Best of luck

Phil