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

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To: Scripts who wrote (1138)7/27/2000 3:50:56 PM
From: Claude Cormier  Read Replies (2) of 4409
 
<<I see no evidence that such a rise is likely soon or within my likely period of interest--roughly the next decade. >>

I am convinced you will be wrong on this. There is a supply/demand problem that will show in the prices sooner or later.

<<CBAY seems to be a silver stock that does not require a rise to make and make us some money.>>

My opinion as well.

<<What are the current reasons to suggest silver might rise in the near term?? >>

Well I don't think it will necessarily be near term. But I think the reason mentioned above, plus a reversal in the $US dollar and a better market for commodities as Asia economy continue to grow will do the trick China especially will change the global equation in the next 10 years.

Short and intermediate term... Silver could easily move to $6-$8 in less than 6 months. It happened in 1998 and could happen in 2000-2001. This would have major impact on silver stocks and especially BAY.

EDIT:

Dundee Precious Metals just halted !!!
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