Corner Bay Silver (BAY.T) Message Board

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

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To: Elizabeth Andrews who wrote (1013)	6/20/2000 10:51:00 AM
From: Claude Cormier	Read Replies (1) of 4409

As expected, Another favorable report out last Friday, this time by Deutshe Bank. Net asset value: $5.71 at 6% discount based on old reserves number. IRR: 40%++ New highgrade zone has the potential to increase NAV by as much as 100%.. Major unknown now removed: metallurgy Liz, there is a consensus. BAY has a mine and it will be highly profitable. The reserves are 100M ounces and growing. The new high grade stuff has tremendous potential and the next round of holes will tell us much more.

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