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

To: kingfisher who wrote (1730)	11/24/1998 9:24:00 PM
From: Mr. Oil	Respond to of 2346

So that means there aren't many shorters. I would have been surprised if there were. I know some brokers don't allow shorting under $3.00. Are there many brokers who do? Any one know? Cannacord crossed hey. They are the brokers who are underwriting the warrant financing so they probably were selling the block to the market in order to replace it with a block from the placement. from the NR "The syndicate, consisting of Canaccord Capital Corporation and First Marathon Securities Limited," Make Sense? Sell what you own at a $1.00 and buy a share and 1/2 warrant for the same price. Only likely to occur when the price gets to the $1.05 area. 1/2 warrants should be worth at least 5 cents. Good deal!!! Personally, I doubt tax loss selling was the reason. Ray