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

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To: Nexus who wrote (723)3/14/2000 12:36:00 PM
From: Claude Cormier  Read Replies (1) of 4409
 
<<I don't believe that the administrators at PFG pump air into the stock.>>

I didn't say that and was not talking about PFG specifically. Although I heard 7-10 millions ounces and much more from one person who is extremely close to management. The end story may well be like that, but don't you think it is too early to say so.

<<I actually think that it is less information that adds volitility into a stock since it trades on rumors and what people say on message boards that claim to know it all before everyone else. >>

Information is always available. You just have to get it.
There will always be rumors and hearsay, not only on the threads. And the later are what cause the volatility more than anything else.

<<PFG has all the information out there and the stock trades according to it, not air.>>

The wind is blowing from many directions. Believe me.

<<Creating 'fundamental' value is exactly what I ment as the role of administrators but everyone has to know what is going on with the company, it's the shareholder's right.>>

We agree here. However, I stop agreeing when management and its entourage creates expectations that are too high (or too early) and cause the stock to reach levels that are also too high. This is the promotion part that I don't like. I think that this activity (or lack of it) is what makes a market and creates situations that are both undervalued and overvalued.
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