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

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To: Scripts who wrote (1474)10/14/2000 3:17:44 PM
From: Claude Cormier  Read Replies (1) of 4409
 
<But it seems to have no effect on price for a decade except for a couple of blips.>>

Right! And this is because the shortfall has been met so far by above ground supplies. But these are also in limited supplies.

<< BAY should rise regardless of the shortfall. >

I agree. With silver at $5... BAY is worth a lot more than $2.20 per share. But the retail sector is not in precious metals and stocks right now! The short term mentality is still rampant... so there is down pressure on the stock simply because the recent good news did not attract more buyers.

Now we have to wait either for a takeover, a new discovery on BAY's property or for better metal prices.
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