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


To: Phil Cressman who wrote (1433)7/23/1998 4:48:00 PM
From: PSkars  Read Replies (2) | Respond to of 2346
 
ALL: The price of silver is on the move and should continue for some time now...we are looking at shortages at COMEX now and any physical delivery could force a major short squeeze in the price. This should be good for YRI if the commodity gets some major headlines, as I think it will. The Indians (East) are trying to scare the market with saying that they have a billion ozs available...but I wouldn't bet on it because they have had options to dump it at much higher levels in the past and haven't, so I see this as a short-squeeze noise maker.

Hi-Ho Silver!