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

To: G who wrote (1933)	1/11/1999 9:23:00 PM
From: Bearcatbob	Respond to of 2346

G, Sudhir Khanna of the Resource Indicator issued an update of his appraisal fo YRI. In this update he indicated that the price of Yamana needs more than the currently expected results to substantially move the stock and that there was not sufficient money to evaluate the other properties. Bob Member 2947166

To: G who wrote (1933)	1/11/1999 9:29:00 PM
From: Phil Cressman	Read Replies (2) \| Respond to of 2346

The analyst asked not to be identified until the subsribers to his newsletter managed to liquidate their holdings in a reasonable manner. He had been recommending accumulating shares under 80 cents and had maintained holdings himself bought at somewhat lower prices. His comment was that he'd had second thoughts about the proper market valuation of the properties and MAY HAVE received some indication that the next series of drill results were/are unlikely to be earth shattering. He still likes the company and people involved but just doesn't see either current value or a lot of upward movement likely in the next few months. It seems a risk/reward sort of call with a bit of fear mixed in. Personally I put in a low bid today for 10,000 (didn't get filled) and will watch tomorrow. Expect more pressure down tomorrow as other who follow this guy exit.