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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (221)10/20/1999 2:52:00 PM
From: TheBusDriver  Read Replies (1) | Respond to of 4409
 
<< From all that experience I can tell you that trying to figure out what is going on fundamentally in a company whose stock hardly trades makes no sense. >>

Well I am no professional that is for sure but I have to say I think the statement above is fundamentally flawed. Maybe I am missing something I donno but it seems to me that the fundamentals of a thinly traded company is exactly the point and IS what propels a stock such as BAY progressively higher. More silver, higher share price...higher silver price, leveraged higher share price....of-course it does work the other way also<grin>

wayne



To: ahhaha who wrote (221)10/20/1999 3:04:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
<<You can find many more NAZ cats and dogs which will outperform that in a lower risk class. Slumming in the silver ghetto makes no rational sense.>>

So this is really a discussion about the validity of investing in silver plays versus the more a la mode NAZ teck plays. It is not important if BAY will move up 20-fold from its low last year...it is a silver play!

Well then I agree with you... the momentum is going for the teck plays...haut la main!

<<I have 30 years professional experience in investment and was buying mining companies in the late '60s.>>

Same here..

<<From all that experience I can tell you that trying to figure out what is going on fundamentally in a company whose stock hardly trades
makes no sense. >>

Hum! What does understanding the fundamentals of a company has to do with its market exposure and the illiquidity of its stock ??



To: ahhaha who wrote (221)10/20/1999 3:09:00 PM
From: Claude Cormier  Respond to of 4409
 
<<There are maybe 5 silver plays that make some sort of sense.>>

Which ones ? Would like to understand your evaluation criterias.