Corner Bay Silver (BAY.T) Message Board

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

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To: Eva who wrote (1634)	12/6/2000 12:42:05 AM
From: Claude Cormier	Read Replies (1) of 4409

<I could not agree with you more.> Eva (and Grace) You should not make the mistake of thinking as a North American or the resident of a large industrialized city. We are talking here about the mass of the billions of people who live in South America, India, China and elsewhere and who cannot afford a $200-$800 digital camera, let alone a $1000 computer. Keep in mind that there is 265 millions ounces of silver used in photography per year. 255 millions of these ounces are consumed by less than 700 millions people in the US, Japan and Europe. The rest of the world consumes 15 millions ounces or so. This means tha 3 billions people have yet to start taking photos. What do you think they will buy? It is possible for them to buy cheap films cameras. But that is it. As for the cost of building a lab is much higher than going digital for a biz... That is not the issue. The issue stands with the consumers. I am no doubt that there will be entrepreneurs in those countries who will spend the money to satisfy the huge demand for very low films cameras. The immediate (next 10 years) demand will be there in those countries outside the US, Japan and Europe.

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