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


To: G who wrote (1884)12/15/1998 10:55:00 PM
From: Tupulak  Respond to of 2346
 
G,
It is going to come down to how much silver/gold and how easy it is to get to it. If you are willing to take your chances then the rewards can be good. I think that we will be justly rewarded early in 1999.
Curtis



To: G who wrote (1884)12/15/1998 10:57:00 PM
From: Mr. Oil  Respond to of 2346
 
No doubt we have all suffered and not only YRI shareholders. Everyone in the resource sector has been beaten up. I don't think though that management is somehow holding back from blessing us. They are like us just trying to 'manage' in this poor sector. This is changing now and I believe we will be able to look back on this time as the bottom of the cycle. ARP is leading the way with Barrick and the price of gold and silver beginning to turn. Placer Dome offer to buy Getchel is another good boost for the sector. It means that these companies are seeing a bottom...ie buying time. We may be best to hold on to all our stock for the long run. I expect it will be a good one. When the majors start to move, and they have, strength in the juniors is just around the corner. See Junior run? Run Junior, run.

Ray