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Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?

To: baystock who wrote (524)	10/25/1999 4:05:00 PM
From: marcos	Read Replies (1) \| Respond to of 672

I wouldn't - bay has about a fifth of the paper out, and cheaper ore, open-cast and heap leach. No, they haven't done the feasibility yet, nor announced the metallurgy, nor even drilled it all off yet. This and the results to date are what gives it speckie upside, imho. Explorers don't need production experience, they need to find metal in the ground and flog it to someone who does. And i don't think 'touting' was quite the word for Claude's call on ecu - Message 10970245 "Although it is a valid speculation there are much better buys."

To: baystock who wrote (524)	10/26/1999 12:17:00 AM
From: Claude Cormier	Respond to of 672

<<CC was touting ECU a few months ago also. >> Well I didn't tout... I suggested it as a speculative gold/silver play ...and I did it after meeting with the company. The plan was right. They simply got problems and that is why I suggested getting out of the stock for now. But these people are honest people... unlike what you are implying. <<I would put BAY in the same category as ECU >> Well BAY's silver resouces is 40X larger than ECU. Same category ?? <<This is an exploration company with no production experience>> You are right on this one. But so were Sunshine, Coeur, Hecla when they opened their first mine. <<They have not done a feasibility study on their property yet>> Right again. That is why I still rate it as speculative. Still, it doesn't stop them to have the best silver deposit in North America and that is why the stock has a lot of room to grow. If you want to know more, I'll be happy to send you or any reader on this thread, a complimentary copy of my latest update on BAY. Just email me at goldbug@ormetal.com