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

To: PSkars who wrote (1778)	12/2/1998 2:20:00 PM
From: Neil Irwin	Read Replies (4) \| Respond to of 2346

Talking about Greg, I spoke to him today. He is currently out west putting together "2 or 3 press releases". Some of the highlights are: Financing has not closed yet. Apparently Canaccord approached Yamana on this, and they couldn't ignore the opportunity. On a fully diluted basis, there would be greater than 40M shares. Results from Bacon will be released in the next few days, certainly by next week. I couldn't pin him down on a "For Sure By" date. The program was initially delayed by drill breakdowns and road problems. Also, they have been assaying at three different labs - one company lab and two in Santiago. There has been a marked consistency in results from the three labs (I guess that would give credence to the quality of the labs, but would discount the nugget effect). An overview of Lejano could be expected next week. A more complete release would be issued when the results are in. They are currently drilling at Ciclon, and have stopped at both Bacon and Lejano, pending results. Neil.