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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: IngotWeTrust who wrote (3069)1/19/2002 1:36:37 PM
From: Zardoz  Read Replies (1) of 4409
 
WE know it doesn't matter what the price of silver is relative to the price of BAY, for one simple reason. BAY aint in production. Making statements like silver at $4.50, bay should be $X.yz: are really a person touting the stock. Baseline valuations are useless. The recent trading pattern in BAY is not a baseline bottoming, but likely is a inflection point between the battle for longs and shorts. {often created by funds who'll aid support to the stock by buying more} in an attempt to hold value before months end. The real pressure from seller is likely on Tuesday as the secondary of loaned shares comes avaliable via Sprott. But then you do remember my PM ref: Sprott. It sure makes playing Pennies easy.
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