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

To: ahhaha who wrote (564)	12/23/1999 3:47:00 AM
From: marcos	Respond to of 4409

"They aren't investment criteria. Investment criteria start when the ore is extracted." Yes, certainly. But what's your point here? We are speculators. This is a junior. That's why it has such an upside. And yes - such risk as well. Nature of the beast. The cost of a much larger bulk sample as part of a full feasibility study may be justified, i don't know, i'd like to hear what the company's plans are on that, actually. The recovery rates are crucial, though, as was pointed out, and they are on the way. I'm comfortable with the speculation criteria ... mind you, i've reduced my acb from its original ~1.40 by selling a few to raise cash to catch jdx in its dip, but i hated to have to do that ... i really don't think you can find serious fault with this company, with the property, with the current share price valuation .... but good luck trying .... cheers

To: ahhaha who wrote (564)	12/23/1999 7:32:00 AM
From: Mark Bartlett	Respond to of 4409

ahhaha, <<If you drill more and don't confirm the drill test's expected yields >> What do you think they are doing now with the large core samples -- that's the whole point of the exercise! These more representative samples are being used for the leach testing. MB

To: ahhaha who wrote (564)	12/23/1999 9:40:00 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

<<The owners shouldn't let this kind of information outside of the company...... They aren't investment criteria. Investment criteria start when the ore is extracted.>> That is when you are a very conservative player and investing in seniors. But when you like to speculate a little and make the big money, the more you know early about early exploration results of a junior play.. the better it is. <<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.>> I agree with you. And that is exactly what the company did last month. They drill 4 in-fill diamond drill holes and collected 15-20 tons of materials. This ore is being leach in column test now to confirm their projections. And the market understand it as the stock is pausing here at 50% of projected NAV until the results are known early next year.