Corner Bay Silver (BAY.T) Message Board

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

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To: ahhaha who wrote (1449)	10/11/2000 4:02:57 PM
From: Claude Cormier	Read Replies (2) of 4409

Of course you haven't done your homework again. It is like the US debt owned by foreigners.. you didn't take the time to check. BAY has a NAV of $3.75 per share with silver prices of US$4.00. At silver US$5.00, the payback period is 1 year and return on investment is near 60%. As for the rest of your comment on what can happen in Mexico.. We can't be sure. But the Sonora state has jurisdiction over mining activities and they have been pro-mining forever. There is no reason this will change. They need the jobs. As for your opinion on silver. Simply check on a regular basis the fabrication demand numbers and the new industrial applications that uses silver. You will realize that again, you are wrong.

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