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 (781)	4/19/2000 2:39:00 AM
From: Paul-D	Read Replies (3) of 4409

Little Joe. Here's my theory. Investors were expecting the recovery rate in April. The NR was great as to the results of the first five holes but the NR mentioned that the recovery rate should be known only "before Summer". This, IMO, tampered the NR and this is the reason why we did not manage to break the 2.70 resistance level. BAY maybe decided not to release the recovery rate now as they knew about the good results from those five first holes of the drilling program. They maybe decided to first get all the results out from the drilling program and increase the reserves (possibly dramatically), therefore avoiding that a company steps in with an offer a little too soon and too low.... If so, smart move and in the best interest for shareholders. JMHO, FWIW. Regards, Paul

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