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

To: Albert V who wrote (1305)	9/12/2000 1:40:07 AM
From: Claude Cormier	Respond to of 4409

You mean if a senior wanted to takeover BAY... with current silver prices, no less than $5 for sure..and probably higher, once we know the new numbers. Keep in mind that each time silver increase by $0.25, the NAV also increases by almost $0.85-$0.90 or so. It does not reflect automatically in the market, but in the ends it counts. Sincerely, I hope that no offer comes in and that silver starts moving towards $10... This is what will gives us the big bang. I know that silver will eventually move to $10 and beyond..but I would be very surprised if BAY has not been taken over by then.