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

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To: Bat Man who wrote (2583)1/3/2002 11:51:50 AM
From: russwinter  Read Replies (5) of 4409
 
<MFL>

I think this continues to bring prices well below 140. It's looking more like a 60/40 silver/gold play now. Plus this has all the earmarks of a huge deposit. The "new" discovery is right here at Dolores. They need to find a way to drill out the remaining domes, and hopefully without raising funds at 1.80. And while they are at it, might as well drill deeper at the main zone. Think a 50/50 JV deal for a big wad of cash and a carried interest may be in order now.

I've sold half my BAY position yesterday at 2.95 for close to a double (although the action in POS looks great, so in hindsight today?), but hanging tough with MFL. I see MFL as more open ended.

The next great Mexican play that no one is paying much attention to is Golden Goliath. Have you seen a grassroots situation that have looked any better? I haven't. Price is loosening up today, has been hard to buy. If anybody's interested pick it off under 45.
goldengoliath.com
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