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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: Albert V who wrote (973)6/13/2000 11:50:00 PM
From: Claude Cormier  Read Replies (3) of 4409
 
<<Really appears that the market is spooked by the possibility of a long term (several year) process of the company trying to take it to production itself. >>

Albert,

First, who says that this is what will happen. A takeover is always possible. Second, we are not talking a lot of years here. This is likely to be in production within the next 18-24 months..assuming stable or rising silver prices and no takeover.

<<Given this fear to exist, where do you see the stock going in the next 6 months? >>

I don't have this fear and I can't predict the future, but my guess is in the $4-$8 range. There are main factors that will influence the stock price:

1) Possible takeover
2) More media coverage
3) Current drill program results (especially from the high grade zone).
4) New resource and reserve calculation
5) Final metallurgical study
6) silver prices

Teh stock may have not perform well in the past 6 months, but it did in the previous 6, and it could well do it in the next 6. Markets are unpredictable.
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