Corner Bay Silver (BAY.T) Message Board

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

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To: TheBusDriver who wrote (215)	10/20/1999 2:32:00 PM
From: ahhaha	Read Replies (3) of 4409

I have 30 years professional experience in investment and was buying mining companies in the late '60s. From all that experience I can tell you that trying to figure out what is going on fundamentally in a company whose stock hardly trades makes no sense. I can suggest to you that if you're long, you might as well grin and bear it. Your bet is on silver, not on whether this company is shamming. You have presumably already taken that reasonable expectation into account. There are maybe 5 silver plays that make some sort of sense. Silver has been historically difficult to play. It's a crapshoot to say the least. With that under wing what else is there to consider? Lottery? I keep harping on macro forces that have a chance to propel silver higher. No one asks about that. What forces? Silver supply? Inflation? Are these enough to get prices popping? They are enough to get BAY to double, but so what? You can find many more NAZ cats and dogs which will outperform that in a lower risk class. Slumming in the silver ghetto makes no rational sense. So what could make silver rise to $15/oz which is needed to make BAY a better R/R bet? Time to look on the demand side of the equation.

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