Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: wayne who wrote (1854)	12/9/1998 5:08:00 PM
From: Daytek77	Read Replies (1) \| Respond to of 2346

Thanks Wayne With today's action on ARP we may be witnessing a subtle but important change in sentiment. Obviously Argentina's discovery is far bigger than most realize. Barricks offer will lead to counter-offers and hopefully that will energize the sector. The developing story reminds me of the initial reaction to Diamond Fields Voisey's bay discovery. Ultimately the juniors are driven by sentiment and we may have bottomed in that respect. These juniors are discounting armageddon. WRT Yamana as the story unfolds we will see more appreciation for what they have discovered to date. One final point on Argentina, they drilled a 300 ft 1.9 g/t section in January. The stock popped a little and then drifted down to $.40 - $.50 until late September. The evidence was there but no movement in price until the entire season was completed. Those that says the market is efficient are wrong. All the best Tony P.S. I wish I had seen the Argentina story earlier, but I was looking at the bigger picture where juniors were being decimated regardless of their reports. I think we are at a turning point.