Corner Bay Silver (BAY.T) Message Board

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

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To: russwinter who wrote (2559)	12/31/2001 4:37:00 PM
From: Claude Cormier	Read Replies (1) of 4409

<a buck and change sensitivity towards BAY stock price per 50 cents POS> That is based on NPV. If silver gets hot and investors are fighting to buy silver stocks, the sensitivity could be a lot more than that as the stock will sell at a premium to NPV. BAY will make additional net profits of $0.30 per share for each increase of $0.50 in silver, based on 30M shares outstanding after the financing in its first two years of production. (I suspect that with the current stock price and trend in price, we will end up with much less than 30M). In a good market we may have a P/E ration of anywhere between 5 and 10. At 10, this would give us a price increas between $1.50 and $3.00 for each move of $0.50 in silver.

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