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


To: Claude Cormier who wrote (2054)12/3/2001 2:13:28 PM
From: rails99  Read Replies (1) | Respond to of 4409
 
Hi Claude: Re.: Warren B.

Read a news recap of the LME action that stated something like: Market waiting to find out if Warren B. will re-lease his millions of ounces again this next lease period or not. Said the lease or re-lease period is typically in Jan thru Febr. Looks like we may have a definite idea for the trend of silver price by the end of February.

Any discussion ideas: What particular market factors or conditions will influence and hold sway for a decision, one way or the other, by Mr. Buffet? Would you wait till 2003 if you knew it may have more impact for a higher trading range for the price of silver. In the case of a holder of a large amount of physical silver, is it not more beneficial to wait until you have absolute power over the market?

Thanks.

Best Wishes;
Rails