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Gold/Mining/Energy : Corner Bay Silver (BAY.T)
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To: IngotWeTrust who wrote (4067)5/21/2002 10:28:34 AM
From: Zardoz  Read Replies (2) of 4409
 
You know {and I could be wrong, but doubt it}; But I always thought that you didn't go back to drilling on a property during a feasibility study UNTIL the study comes back inconclusive or proof positive. Reason is that it's either a waste of money to due so, or it's a waste of money unless you know where to back up proof of reserves. Either way it goes counter to logical expenditures. This action between PAAS and Bay seem counter to logical merger as BAY is acting while a study is out. THERE is no positive reason to merge FOR BAY under this circumstance. Since if a positive feasibility comes out, then BAY has effectively lowered their capital worth. BUT if such results of the study are negative, then PAAS would be the looser. This merger smells in my opinion, but hey. All I would like to say now is... GO BAY GO. I wish all the shareholders the best of wishes... Me I think I'll buy a lottery ticket, call it an investment.
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