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

To: Albert V who wrote (1698)	12/21/2000 9:18:41 PM
From: Mark Bartlett	Respond to of 4409

Albert, I am done guessing where these things are going. Just when I think they can not go any lower, they go lower. It is going to take a prolonged run in the price of the metals before we see stocks like BAY moving - when is that going to happen? .... who the h^ll knows. I still hold onto my shares because I like the company, but there is "opportunity loss", no doubt about that. The answer to your question is - I have no answer. MB

To: Albert V who wrote (1698)	12/21/2000 9:55:47 PM
From: tyc:>	Respond to of 4409

Here's my two-cents' worth ! Anyone who relies on the market to evaluate his investment had better not be invested in mining stocks. However, Warren Buffett doesn't rely on the market except to present him with clearly undervalued investments. Like him, you must believe that the enterprise will eventually "pay off" the owners, whether the owners be a major or just small shareholders. It is that eventual "pay-off" that gives the stock value today. You may hope that the market will soon reflect that value, but you cannot count on it. Do you Wannabe Buffett ? Buy enterprises that the market clearly underprices and then ignore the market until it agrees with your evaluation !

To: Albert V who wrote (1698)	12/22/2000 12:18:19 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

Albert, BAY is up more than 1000% in the last 3 years and 200% in the last 2 years... A lot better than many high tecks... 2000 was a year of correction. Depending on silver prices, this may last into 2001... but the fact remains: there is no other silver deposit that has a better economics than Alamo Dorado.

To: Albert V who wrote (1698)	12/22/2000 1:35:33 AM
From: marcos	Respond to of 4409

1.31 precisely, and for the very best of reasons - because that's where i put my bid. "Lets all try to guess how low it will go." Just to overreach a little i placed one at 1.25, and just to be sure i picked up some 1.40s already ... the level around 1.35 is important here as a support/resistance level, the stock hung around there on the way up in '99 and then came back to it in fall '99, i remember it well because i re-entered then, having foolishly sold too soon the run before. I don't see any panic in the sellers ... well enough to prod them to sell at 1.40, but they don't seem eager to go deeper than that .... the depth has been real weak on the bid, for much of the day last Friday i was the only bidder above 1.20 with a couple of piddly little orders ... couple times since too, it's been pretty bare down there ... two orders making 55k at 1.30 now, though ... one more day of tax loss time, then we'll see what level she finds in the new year ... cheers