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

To: Fishfinder who wrote (1626)	12/1/2000 5:48:16 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

Scott, You mean this post about digital cameras and silver invetories, among other things. Message 14914932 If it is what you are referring to, well I agree with the part that says there is a lot of silver in India and elsewhere. But that doesn't change my opinion. This above ground silver will need higher prices to come on the market. In 1980 when silver shooted to $50, inventories were well above 1 billions ounces. In 1998, silver moved to $8 and this silver was there. 500 millions ounces of silver is only US$2.5 billions which is very little money if investors decide that silver is the next big thing. As for digital cameras eliminating partially the use of silver in photography, I'll believe it when the numbers prove it. And even if they do so, sometime in the coming years, it will probably not be enough to eliminate the annual supply demand deficit which remains well above 100 millions ounces.