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

To: Claude Cormier who wrote (1671)	12/18/2000 2:09:02 PM
From: Scripts	Respond to of 4409

Hi Claude: Sorry to take so long to get back to you with regard to: ...What debt ?... What production decision ?... this what I was referring to although I didn't know the estimates until this mornings post summarizing the annual meeting ...3) Secure project financing. Peter was very confident that CB would be able to obtain the necessary debt financing for the project. He expects that of the Cdn$60 million required to develop the mine, $20 million would be raised using equity and the remaining $40 million would be in the form of debt. CB plans to pay back debt as quickly as possible... The production decision is not certain but if I was to buy more CB it would be with the expectation that they plan to go into production. Not to say they have put it writing or that it has been made but it doesn't sound like they think there are likely buyers out there at the moment.