Corner Bay Silver (BAY.T) Message Board

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Gold/Mining/Energy : Corner Bay Silver (BAY.T)

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To: Silver Super Bull who wrote (4327)	6/20/2002 11:47:11 PM
From: Claude Cormier	Read Replies (1) of 4409

<As some may recall I thought the original deal between PAA and BAY was a poor deal for BAY, all things considered.> I do not have that feeling. It was a very good one. I think. <If PAA discovered something they really didn't like, they would probably have walked.> Right. < On the other hand, what is BAY's motivation to accept this "amended" deal? > Maybe they think the warrants will carry very high premium that will make this deal about equal with the first one. >And with them out-of-the-money, it is even less desirable. Well they are on-the money. Right on! >In my opinion BAY should have never agreed >tothis "amended" deal, and their lack of communication as >to what has caused this situation is not reassuring. We may know more when they (PAA/BAY) will publish the feasibility study I guess. CC

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