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

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To: john.d who wrote (1689)12/18/2000 5:09:53 PM
From: Mark Bartlett  Read Replies (2) of 4409
 
John,

Great summary - much appreciated.

Now all we need is a nice run in the price of silver.

Looks like the CB people have given this a lot of careful thought. I agree that we should avoid hedging the silver AMAP - we want the full leverage when the time comes.

With silver running to 8-10 bucks/oz we get huge leverage here.

Again - thank,

MB
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