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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: TheBusDriver who wrote (804)4/21/2000 10:55:00 AM
From: Claude Cormier  Read Replies (1) of 4409
 
And they are talking 18% pre-tax. I am talking after all taxes.

Seniors usually will need a smaller return and it is normal cause they have other operations and therefore cash flows that will limit the over all risk. But juniors with only one project need 20%+ to convince banks and other financiers.
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