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

To: Silver Super Bull who wrote (911)	6/6/2000 10:46:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

DB, You are possibly right, but keep in mind that a bunch of analysts are waiting for the leaching tests to adjust their NPV and update their clients. Most of them are on a "buy" rating now. If the recovery rates come in as expected or better, you will see a lot of upgrades to "strong buy" as the major unknown will have been removed. A typical statement you will currently find in those analysis: Deutsche Bank, George Albino, Nov. 22 1999. Corner Bay, $2.63. Opinion: Buy At current levels we continue to see modest near-term upside, to perhaps $3.00 or so. We would be cautious at higher levels until the question of silver recoveries is addressed early next year. We maintain a BUY rating with a short-term target of $3.00 (approximately half of our 6% NAV). Positive results column tests would likely lead us to raise our target price.