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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: Claude Cormier who wrote (164)9/28/1999 8:06:00 PM
From: Syncrude  Read Replies (2) of 4409
 
Claude,

2 questions:

1- what are the risk factors that you see for BAY. I went through the Deutsche Bank report on the BAY web site which had concerns about widely spaced drilling holes and too few assays. Do you feel that these issues have been addressed since the report was published in July and do you see other major risk factors.

2- how do you value silver deposits these days? I am more familiar with gold. Does BAY have a backstop with their Canadian properties?

Thanks in advance.

PS. Surprised by the relative lack of movement on CBD!
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