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

To: s.jennings who wrote (1578)	10/31/2000 8:50:43 PM
From: russwinter	Respond to of 4409

No, I think serious offers are being made for Alamos Dorado (and others like MFL's Delores, and FGX's El Sauzal) but the sellers are holding out for too much. Maybe FGX can wait as they have US 23 million. MFL and BAY, with no cash, that's problematic. I don't think a bankable feasibility is going to matter to most buyers. They can certainly handle that themselves. And I don't think it will significantly help the sales price of the properties either. Shelling out money for that will be throwing it down a rat hole, dilute our shares, and get us less per share than an outright sale.