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

To: russwinter who wrote (1624)11/29/2000 11:14:51 AM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
Russ,

Not sure if we have a low in place...maybe a last spike down to $4.50... then we will be on for something major. I think.

CC



To: russwinter who wrote (1624)12/6/2000 2:55:20 PM
From: Claude Cormier  Respond to of 4409
 
Corner Bay announces financing will likely close next week.

3.66 millions shares at $1.50 plus 1/2 warrants for 12 months at $2.25. The issue will be mostly taken by a group of near a dozen institutions.



To: russwinter who wrote (1624)12/6/2000 3:05:41 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
BTW Russ,

Take a look at the list of silver producers on this page:

silverinstitute.org

When BAY starts operations it will be ranked in position 5 or 6 in its first full year of production and then move to position 12-13 or so...possibly ahead of Coeur D'alene. No bad for a junior. It will be the number one pure silver producer.

Their mine Alamo Dorado will ranked 3rd, among the largest silver mine of the world.


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