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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: Claude Cormier who wrote (3650)3/27/2002 2:25:37 PM
From: Claude Cormier  Read Replies (2) of 4409
 
A few other interesting notes from Nesbitt Burns Outperform recommandation:

"The feasibility study will likely reflect a lower silver price assumption but higher Phase 1 recoveries than assumed in the original pre-feasibility study. Ongoing metallurgical work suggests that the Alamo Dorado ore may not require agglomeration prior to stacking on the permanent leach pad. Lock-cycle tests are underway to determine reagent levels and residual metal content. All necessary environmental studies are being prepared as part of the bankable feasibility study. ... This document will form the basis upon which the company will seek project financing."
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