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


To: Mr. Oil who wrote (1756)11/27/1998 2:46:00 PM
From: Daytek77  Respond to of 2346
 
Ray

In short the answer to your question is yes. The reason I responded in part was due to the fact I have noticed selling from Quebec firms in a lot of stocks this week. I was speaking to a noted gold analyst about another company who mentioned this to me. I then started to monitor other stocks this week. There has been a big sell-off by Quebec based firms across the board irrespective of fundamentals. I really believe they are spooked at what looks like a pending PQ victory. Personally we have been there before and the PQ does not have the mandate to initiate a referendum. That's why the Canadian dollar went up substantially yesterday.

Specifically, Yamana has now stabilized where it was before in the $1.00 - $1.10 area. This is a company which will benefit from the pending junior stocks revival IMHO. Six months from now the landscape will be different. The signs are all there but will be ignored by those chasing the e-bays of the world. Stay the course with this company.

All the best

Tony