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

To: Elizabeth Andrews who wrote (950)	6/13/2000 10:57:00 AM
From: russwinter	Read Replies (1) \| Respond to of 4409

I believe your question asks how little ol' BAY is going to finance a fast track development project? I suppose they can successfully raise enough to pay for another round or two of drilling, and then perhaps a bankable feasibility study with more "high confidence" testing. As to taking this into production, I hope they don't, as that clearly is a new and different kind of risk for an explorer. The best outcome for shareholders will be to continue the exploration to the point where the deposit is sold at an appropriate and fair price to a major. I'm getting out if I sense that the small producer route is really taken.