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Gold/Mining/Energy : Precious and Base Metal Investing
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To: russwinter who wrote (2258)3/8/2002 9:39:37 AM
From: Claude Cormier  Read Replies (2) of 39344
 
Russ,

I think many will be surprised by what BAY will come up in the feasibility. Cash flows of at least $1,25 per share next year and betond..cannot sell at $3+ for long.

There is also the exploration potential that everybody is forgetting. The northeastern extension as well as the high feeder zone of $100+/ ton material.

Keep in mind that the reality is still that we are not in a bull market. This $270-$310 trading range could last a few more years.

P.S. I guess I will look closer at WTX and Penasquito.
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