Corner Bay Silver (BAY.T) Message Board

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

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To: Colt who wrote (3710)	4/3/2002 11:07:56 AM
From: Claude Cormier	Read Replies (2) of 4409

What tutor doesn't understand is that BAY has proven reserves and that they can take the silver out for $1.50 per ounce in the first two years and less than $3.00 in the following years. No matter what economic sector you consider, no matter if there is a shortage or not, low cost producers always replace high cost producers. Sure there is always a limit on the minimum price a producer must get in order to to produce, but if the long term price of silver remains in the current range $4-$5 range, BAY is a go.

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