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

To: Claude Cormier who wrote (1337)	9/25/2000 4:33:53 AM
From: TheBusDriver	Read Replies (1) \| Respond to of 4409

<<but do you know a lot of mining companies that have strong legs>> Hummm...well yes and no. The only ones that have legs that I have watched are P&D (IMO) but they have legs<grin> The real problem we all dance around on this thread with BAY is the "event horizon". This horizon is when BAY finally is reconised for what it has and share price goes to $5 -$10 bucks. This event (and the timing) is as yet undefined. The PM market has changed since we all invested in BAY and got most of the gains we have in the moves from .50. These moves all came pretty much before the change in the PM market. Because the PM market sediment has changed so much over the last year it will take a major something or other to move to new highs I think. I am very happy with the profits I have to date with BAY. VERY HAPPY. BAY cannot by itself change market sediment, this is what I find frustrating. As you say this is in the long term PF. I am quite happy to hold this stock for the long term to get the gains I know BAY is capable of....BUT I will have to lighten my load a bit to do that. Holding way too much of one stock (BAY) in this PF because I was looking for the "big" move or possible takeover. Guess I was playing it both ways, long and short term. Unless BAY can get some MOMO going the short term shares will have to go. It does not mean I don't still like BAY, it is just good PF management, something I have learned the VERY hard way. Best Wayne