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

To: G who wrote (1744)	11/25/1998 11:32:00 PM
From: Mr. Oil	Read Replies (1) \| Respond to of 2346

>>i must admit im still nervous..<< You are because this spec market is rife with falling prices everywhere one looks. It takes time to pull away from the bear and a few companies are beginning to show signs of doing it. ARP is one of them. ARP has had a good run to $3.60. Always hard to break through a high. The fear factor kicks in and limits the upside when a recent high is approached. Has to be very convincing news to push it through. YRI is a different story than ARP. Yes it is in the same country but the ownership of it is YRI 100%. As well there is both Bacon and Lejano which have shown high grade silver/gold deposits just last February. YRI has the potential of being a strong contender with ARP with these two targets if...and that is the big factor, they can confirm 100,000 oz silver or more from each target. 100% ownership should give YRI a similar upside potential. For the benefit of those marking my every word I point out again "if". I am not trying to hype the stock but simply state it's real potential based on size, the fact there are two different target sites being drilled and the percentage ownership if a find is confirmed. If someone feels this is out in left field please share your wisdom. Don't expect it to run beyond ARP levels just right away though. There will have to be a few confirmations that both of these targets are large and high in grades. I think for the most part folks will tend to compare but will take more than price level as the bench mark. We will need to have some Gold equivalent values placed on any deposit delineated in order to fully appreciate their relative strength. Ray