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

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To: Claude Cormier who wrote (4324)6/20/2002 10:54:35 PM
From: Silver Super Bull  Read Replies (2) of 4409
 
As some may recall I thought the original deal between PAA and BAY was a poor deal for BAY, all things considered.

Now, with this mystery "amended" deal, I am really wondering what is going on. If PAA discovered something they really didn't like, they would probably have walked. On the other hand, what is BAY's motivation to accept this "amended" deal? Sure, the warrants will be nice...the only problem is it takes more than 5 to buy 1 share of PAA!!
And with them out-of-the-money, it is even less desirable.

In my opinion BAY should have never agreed to this "amended" deal, and their lack of communication as to what has caused this situation is not reassuring.

DB
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