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

To: wayne who wrote (1765)	11/28/1998 3:06:00 PM
From: Mr. Oil	Respond to of 2346

Wayne I am not sure I understand your question but here goes anyway. I don't think the warrant offering being partially, fully or over subscribed will do much for the share price. What the market is waiting for now is good results. If the offering is fully or over subscribed we can infer that the company has given enough info to the brokers to enable them to interest and sell to the large investors. The fact that this offering was made before results of this years drilling program to me indicates that the company believes the pending news will move the price up. Otherwise the brokers would have a hard time selling the offering to any institutional investors. It would be logical to wait for drilling to produce hopeful results otherwise. In other words I am expecting good results from drilling at either Bacon, Lejano, Ciclon West, or both or all three. I do believe there is a high degree of interest as investors are watching and waiting for results. Prices are still low enough to make a good profit for those who trade on news. I have been long for over a year now made some profits and waiting to make some more. Hopefully sooner than later. I will trade some and hold some for longer term results. This is a growing company with good prospects. Hope this helps. I think I heard that phrase somewhere before on this thread. ;) Ray

To: wayne who wrote (1765)	11/28/1998 6:28:00 PM
From: G	Read Replies (2) \| Respond to of 2346

chances r slim to none we'll get drill results on Mon or for the week for that matter.. Cannacord and FM approached YRI on this financing..yri decided to finance when $$$$ is up for grabs and not for they need it..IMO either YRI feels the results to come wouldnt attract a better financing offer and that is y they jumped at this deal from cannacord, or they dont have much concern 4 shareholder value.. im extremely nervous right now. the more and more a think about the sitiuation the more i feel Elizabeth could be right on this play.... just dont understand y the stock rebounded in last hour of trading Friday, and y there is a glut of stock available between 1.1 and 1.2 roughly 300k shares to eat through... g