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

To: Tom O'Dowd who wrote (2048)	3/8/1999 1:40:00 PM
From: Phil Cressman	Read Replies (1) \| Respond to of 2346

Unfortunately for the unprincipled short type there is substance to Yamana. This recent drilling result does confirm that very low lying deposits of bonanza grade ore is a fact. It is very likely that further news will come out over the next month on Bacon. Yes Yamana has a lot of shares out and may well be overvalued at $1 but the market will only see the spectacular grades yet to be found and released. I for one would not like to be short Yamana when the shit hits the fan. I'd like to buy more at the 60 to 65 cent level and it may test this later in the week although testing 90 cents may also be in the cards.