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

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To: Claude Cormier who wrote (2322)12/18/2001 6:54:34 PM
From: IngotWeTrust  Read Replies (2) of 4409
 
Claude, I don't give a rat's hiney about 'mining specifics.' The silver market stinks, and Bay's ballyhooed production is only going to add to the overhang.

You're too close to the forest to see the trees and the trees tell you that this is a silver play in a stinkin silver market.

You want me to debate drill programs and drill holes and intersects and intermafic hosts and step outs and infill ad naseum. Frankly the only place I care about that stuff except on my own land. The world needs another silver mine in production like it needs another Osama Bin Laden. The fact that it is a low cost producer acc'd to pre-feasibility modeling is just so much whooha.

The plug will get pulled on this project because the payout time for paying back the money to build out this sucker is only going to pushout. And the only way to deal with pushouts is to increase production, and increased silver production from ANY one of the mines which are ALREADY in place and able to produce silver out the wazoo and don't need new buildouts and expensive financing---only adds to downward price pressure on the price of silver.

For the life of me, I don't see how you can bury your nose in a batch of drill reports and miss the silver market and the DISMAL dismal chances for any meaningful recovery there. It boggles the mind that you can be so tunnel impaired.

And it boggles the mind that you can tell so many people how wonderful BAY is and miss the big picture and they continue to let you get away with it. Pump and dump needs drill reports, that's the lesson you should have learned when you were pooh poohing Bre-x when you sold it and watched the rest of us make money while you were scrounging around for another dark horse.

So, just for the helluvit, what is your "ethical policy" I presume in writing for letting your subscribers know that you want to sell and how many days do THEY have to get out before you sell---or does that policy change with each "undervalued legit profit - taking opportunity" on an individual basis...

You want to talk punching holes and you're wandering around with your head in silver clouds.

Unbelieveable!

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