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


To: G who wrote (1705)11/22/1998 11:28:00 PM
From: Mr. Oil  Respond to of 2346
 
According to what I hear, this will not be the whole story. The drill program for YRI at Bacon is a total of about 60 holes so we will get more than one NR. If they report on 25 holes per NR then I would expect two or maybe three NR over the next 2 to 3 months on Bacon alone. We should be getting as many NR on Lejano as well and perhaps a NR on Ciclon West. The season for drilling in Argentina is early so lots to come over the next few months. Hope results are strong.

Ray



To: G who wrote (1705)11/23/1998 2:47:00 PM
From: Elizabeth Andrews  Read Replies (2) | Respond to of 2346
 
Let's see. Hmm! 25 holes between now and Nov 30. Let's see, that's 7 days. That means that they probably have drilled all the holes and have at least 20 of them assayed by now. So they already know what's there and no market response. Hmm? I've yet to see a company keep an economic hole secret for that long. These guys must have a big Argentine wall. Unless of course, this is the only company in the world that is run by altruists and is going to release the news to the public at the same time as they tell their friends. Greed, based on perfect information, doesn't usually cause this type of behavior but what do I know? The odds are now very high that the results are mediocre and the Bacon will be left twisting in the desert wind.

Could you review the logic of this and still hope for big news?