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

To: ahhaha who wrote (1482)	10/15/2000 4:15:16 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 4409

<<The market has said it. BAY trades worse than most dotcoms. A drop from from $3 to $2 isn't unusual for cats and dogs, but Hecla didn't do that. >> No...Hecla did worst. Again, you speak out before researching the basics. CDE and HL, the two well known silver producers south of the border are down 76% and 78% respectively in the last 12 months. Sunshine is in chapter 11. OTOH, BAY is up 64% in that same period, a performance that even beats the NASDAQ. Extend that observation period to 16 months and BAY shows a gain of 368%. No need need to pull out CDE, HL and Nasdaq numbers...you are wrong again. <<It must be that like dotcoms BAY was subjected to speculative mania or you are dead wrong in your intrinsic value calculations. >> The current correction is nothing unusual and understandable given the triple digit gains of BAY in the last year, the stage it reached in the development cycle, and the current state of the precious metals market. In fact the XAU and the TSGI are both gold and mining stocks index and selling at multi-years lows. BAY is 1600% above its 3 year low and only 33% below its all time high earlier this year. Not a sign of a speculative mania, I would say. Otherwise, BAY would have join the Heclas and Coeur D'Aleene. As for my value calculations, they are in the same ballbark as the ones announced by half a dozen mining analyts, which is a conservative $C90 millions give or take 10%. Again, I can only conclude you are wrong and they are right. BAY is undervalued at a market cap of only $25 millions. Period. As for the rest of your post, it is again full of false statements as usual. It make no sense to continue this discussions as only you will always be right. Your condescending attitude makes me sick and will keep anybody on this thread or others to entertain an healthy discussion with you. You can continue to speak to yourself, I have better things to do.