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


To: Daytek77 who wrote (1845)12/8/1998 10:46:00 PM
From: Tupulak  Read Replies (1) | Respond to of 2346
 
Tony,
As of a couple of days ago when looked at the short position on YRI there was none. Zero. Zippo. Maybe Elizabeth is doing it some way that is not reported but I can't find any evidence of that. As far as the convertibles go, I am not sure if they are being converted yet as you would still have until sometime in Jan. to convert with the 10% interest payment. Or until next July with a 5% payment and the warrants you have alluded to. I am not sure who it is that is selling but I really am not overly concerned. It could be some of the people who purchased the recent PP or who knows. All I know is that a huge chunk of those shares got taken today and probably some more over the next few days. Until they were traded it didn't look like they were going to go any where. Just my observation.
I am not a geologist nor will I pretend to be one, but the results looked promising today. It is going to take more time to prove out some more of the deposit and until then it is place your bets and see what happens. It will be interesting to see the results on Lejano hopefully before X-mas.
Curtis
P.S. Here is a link to the ARP press release Message 6540108.
FYI, ARP is halted at the moment.