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


To: Tupulak who wrote (1862)12/11/1998 9:52:00 AM
From: whiskeyjack  Read Replies (1) | Respond to of 2346
 
Hi Curtis; on the speculative front, ABX owns about 13% of
YRI (a company with many good properties worldwide). Majors
appear to be gearing up acquisitions and ABX has already
declared 10% ownership and may want to continue to strengten
their presence in Argentina. With what is happening to ARP,
this appears to be a screaming buy as the next potential
take over candidate, for less than $20m. Hell, YRI has shown
us $75m worth of rock over 3 football fields, just a small
sampling on 1 of their many zones in an extensive portfolio.
Feedback? WJ