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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: long-gone who wrote (3341)9/13/2002 9:55:49 AM
From: Claude Cormier  Read Replies (1) of 4051
 
LG,

There is not a lot to be taken over in the silver market as very few can make money nowadays.

For now, the BAY deal is still on for PAAS and only the water rights are still missing to finalize this.

CDE has horrible balance sheet. It has certainly been improving a lot in recent months, but they are still not out of the wood.

ASM is too small and has only inferred and unecomic resources

FSR is breaking even and is a small operation. There is potential for good higher grade reserves at their San Martin El Banco zone. But I doubt PAAS would be interested with what they have on the plate.
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