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

To: marcos who wrote (346)	11/12/1999 2:48:00 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 4409

Well we're back to normal now.... Should be getting news next week....be nice if we made a nice run here..... BAY is one of my better performing stocks. I exited at .89 a while back and was sorry right away. The released news about 3 days later. Bought back at about $1.25 Hopefully JDX will perform to the same level as BAY. wayne

To: marcos who wrote (346)	11/12/1999 5:33:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

A new research report came out Friday after the close. Steven Buttler at Nesbitt Burns initiates coverage and basically considers that BAY is selling at a deep discount to net asset value and is a strong merger candidate. Based on various scenarios and using a 8% discount rate, 70% recovery rate and US$5.50 silver, he calculates a NAV (net asset value) at between $5.10 and $6.13. The NAV goes up to $7.25 with silver at $6.00. This looks very positive for the stock next week.