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

To: Claude Cormier who wrote (562)	12/23/1999 3:23:00 AM
From: ahhaha	Read Replies (3) \| Respond to of 4409

Proven and probable as calculated by Mintec. Argument from authority is a common logical error. The owners shouldn't let this kind of information outside of the company. It is for internal use only. Since speculators have it they have turned it into a justification for trading the stock when it is actually a datum upon which to make exploration and mining decisions. They aren't investment criteria. Investment criteria start when the ore is extracted. Elizabeth is right about one point. Drilling more holes to generate greater expectations instead of fully mining at least one hole to see if it fulfills expectations at the margin may not be prudent. They don't have to make a big entry and dig out 1000 tons per day, but it has to make some sense to confirm with material results all these projections. If you drill more and don't confirm the drill test's expected yields after a while you have built a lot of assumptions on earlier assumptions. At some point you wonder how tenuous is the reality and how further drilling tests are capex justifiable.