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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: Zardoz who wrote (2783)1/8/2002 10:02:11 AM
From: Claude Cormier  Read Replies (1) of 4409
 
<..but this stock is over valued. At $4.65 for silver, noone is going to beable to come up with millions to make this mine into a producers without a lot more shares floating around first.>

Z,

BAY specifics are such that they will produce up to 35 millions ounces of silver at $1.50 per ounce in the first two years of operation. This project has a 55% rate of return on investment. How do you reconcile this with your uninformed statement.
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