Corner Bay Silver (BAY.T) Message Board

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

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To: Little Joe who wrote (778)	4/17/2000 4:39:00 PM
From: Claude Cormier	Read Replies (2) of 4409

<<Claude, I certainly don't have your experience in the small cap gold market, but I have a lot of experience trading a variety of stocks and this stock is not acting like a winner. If it is in strong hands, I don't think it would have given back the entire runup that resulted from the release of the good news.>> It is always hard to figure out what affect a stock on the short term. Keep in mind that the market tanked Friday. Who knows why that investor sold 10000 BAY at the market late Friday causing its price to drop. BAY ended a bit higher today, but there were still many sellers. They probably had there reasons. Look at IWA, PFN and CTQ, 3 stocks with a lot of momentum these days... much more than BAY. They are all down from their highs... again.. much more than BAY. Can we conclude anything... Maybe.. Maybe not. But if investors/speculators are willing to buy them... why not BAY which has already a lot more in the bank than any of them and is also much cheaper than any of them. I again repeat that promotion can only have a temporary effect on stocks. In the end it is the quality of the assets that rules. << I for one would rather pay a little more on a breakout than to watch the price slowly erode or consolidate endlessly. >> Well I prefer to carefully study and understand a play. WHen I get in, I hope to pay the lowest price possible. I want to buy when everybody is selling. Because I know the value of the play and I know it will move higher eventually. <<Claude, as you know I am an ormetal subscriber and you are the only gold/silver small cap advisor that I respect. >> Thanks.

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