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


To: Abner Hosmer who wrote (1791)12/2/1998 11:53:00 PM
From: G  Read Replies (1) | Respond to of 2346
 
no news yet... how is that that everyone anticipated news out this week and we have nothing? management IMO is holding back so thier friends and themselves can either scoop more stock up or continue to sell because of bad holes or financing problems...

they are not as credible as they say they are...
something is defintely not right.....
does anyone know if greg is at yri headquarters or on his farm?
thanks
g



To: Abner Hosmer who wrote (1791)12/3/1998 8:18:00 AM
From: Daytek77  Respond to of 2346
 
Thomas

All your concerns should be answered over the next few weeks. There was a post recently here that indicated they have two or three releases coming up and that they are confirming results with three labs. The last point should be insightful but I suspect those wishing to accentuating the negative will be putting their own spin on matters.

Personally I have been out of Yamana for a while and am willing to go long here based on my understanding of upcoming events. I may be in for a short period or longer based on events but I perceive the news to come as price-moving in a positive sense. With respect to financing, a veteran of this business a long time ago told me something that I always keep in mind, that is, financing is done when you can not when you want. If the results are very good there will be no problems in doing bigger deals later. If they are not, they have some money to try and find another attention-grabber. The alternative is a cash-strapped company virtually shutting down until markets improve which could take weeks or years.

All the best

Tony