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


To: whiskeyjack who wrote (1799)12/3/1998 10:12:00 PM
From: Tupulak  Read Replies (1) | Respond to of 2346
 
WJ
Looking at today's buyers, Canaccord was in on the last 6 purchases. Whether that means anything or not I am sure we will find out sooner rather than later. Another way to look at it is that it is still up 33% plus since the end of September on NO news only anticipation of results. There are a large number of mining and non-mining stocks that would love to be able to say that. Just look at the oil and gas industry, I presently don't own any but Remington is down almost 50% over the last 2 weeks alone.
Curtis



To: whiskeyjack who wrote (1799)12/3/1998 10:37:00 PM
From: Abner Hosmer  Read Replies (2) | Respond to of 2346
 
If I recall correctly YRI offered a minimum of 3 million shares and a maximum of 8 million. Maybe those parties which expressed an interest in the stock are not satisfied with the information they are getting. Maybe they feel that results to date do not justify a price tag of $1.00/share. $3 million is a lot of bux to plunk down on a junior these days. I don't think it's a good sign for this to drag on.