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


To: Ronald Russell who wrote (2165)6/2/1999 1:17:00 AM
From: Bat Man  Respond to of 2346
 
I can give you one reason they released good news now , but you probably wouldn't understand it. I just took a look at the fax I received today and it seems to me that if Yamana is drilling at Santa Cruz Province they'd be at about 48 deg S lat. hardly the tropics. and I am assuming that where it says Santa Cruz , Argentina it means Santa Cruz , Province.. I may be wrong , but I'm sure you will correct me. I know when I followed this stock before YRI was drilling in the Central to the far south of Argentina. Oh! the good reason is to raise cash. Yri has lkarge # of properties in Argentina not all in the same regions.



To: Ronald Russell who wrote (2165)6/2/1999 12:15:00 PM
From: Rockhound  Read Replies (1) | Respond to of 2346
 
Yamana's Bacon, Martinetas,etc. properties which have been the subject of recent news releases are located in Santa Cruz Province which is in SOUTHERN Argentina. This is Patagonia, a relatively flat terrain swept by strong winds descending from the Andes to the west.
In winter (now) it snows, though variably, and gets wet. It's the wetness that causes problems, access to these properties is by dirt roads which turn to soupy mud. Highly unlikely Yamana will be drilling during this period because even though it is possible, they would have to be burning a lot of non-drilling cash on road maintenance and weather-related shut-downs.