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

To: Eva who wrote (758)	4/14/2000 6:22:00 PM
From: russwinter	Respond to of 4409

I wouldn't be surprised if individuals bloodied in the tech meltdown might not jettison some of their residual gold stock holdings to meet margin calls? Who knows, but just as likely, the margined tech speculator is long gone from golds. If not, such selling should be viewed as a gift. Margin liquidation normally (but these aren't normal times) comes to market in the last hour or two of trading. The e firms have no personal relationships with these clients, and there are tens of thousands of them. If the money is not delivered to cover (and it won't since these investors are clueless), the clerks just randomly click and sell. No permission is necessary, and if they happen upon a few thousands shares of a thinly traded company, you could see some odd temporary trades.

To: Eva who wrote (758)	4/14/2000 8:21:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

That is my opinion as well Eva. 10,000 shares sold at the market near the end of the day. This creates an excellent buying opportunity for thos not filled yet. I just learned that the company is now drilling the southeast zone. They will be back near hole #49 to check that super high grade zone after the Easter vacation. BTW, the high grade zone near hole 49 (22 opt silver) will have more 8 millions ounces per 50 cubic meters. That is a tonnage of 400,000 tons . At a very conservative $4 per ton for mining and processing this is a gross profit of $40+ millions. And it takes only a few months to leach that kind of tonnage. Let hope they have many more holes like #49. Immense profit potential, if they can find a few millions tons of this grade. And this is no hype, it is serious potential.