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Gold/Mining/Energy : Silver prices
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To: Alan Whirlwind who wrote (3773)9/7/2001 1:43:39 PM
From: Claude Cormier  Read Replies (1) of 8010
 
Hello Alan,

I don't really like the word pumping as this implies "thin air". I really believe that BAY has an exceptional asset much thicker than air.

It is impossible to say if silver has bottom or if it will revisit the 1993 lows near $3.25. Therefor BAY may go lower... I doubt it, but it may. One thing is sure, I am buying now and will average down if it goes lower. I believe that it is only a matter of time before silver reverse its current trend. In the next several years it will perform better then gold and will trend toward a gold/silver ratio much closer to the natural ratio of 16:1.
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