Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eva who wrote (1011)	6/20/2000 12:37:00 AM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 4409

What I'm thinking here is that the mining and leaching costs are going to be higher than Claude (I love him) and others think. Then there's all the screw ups in that country that no one can quantify. It seems that it always costs all lot more than any one budgets for. Don't forget we are all gringos there and our main job is to give [money] in there view. I know people in the business who have worked in Mexico and report that nothing else works except them. So, if this becomes a mine and they can get a few profitable quarters behind them I'll buy the stock because if this makes money it will be an important story. This assumes that they get the money or the bullion out of the country. Just go back and check the history and news releases for Avino Mines. This was a lesson to me. Things may look great but there's probably no money for the shareholders at the end of the day. If BAY achieves production the minority should sell and re-deploy. And, Claude, this is not a negative comment to you but I think you should find some North American companies to buy.