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To: Lucretius who wrote (138693)	12/14/2001 11:25:33 AM
From: hdl	Respond to of 436258

perhaps people feel they pay to much for mbas who were not that astute when it came to enron. previously, sandy had a reputation for not overpaying.

To: Lucretius who wrote (138693)	12/14/2001 11:26:44 AM
From: LLCF	Read Replies (1) \| Respond to of 436258

In case anyone thinks this silver thing is for real [me for one] here's some names, also according to CC a while back the Austrian Central bank is buying gold, a Billion so far : <<I cannot even count the number of times clients have asked if we know a good silver stock they could buy. Our sad answer has always been the same: “There aren’t any.” Until now, we have had to tell silver bugs to buy silver bullion or coins instead of stocks. For the most part that was good advice. Look at the charts on silver and silver stocks over the past decade. While silver has been pretty humdrum, the well known silver producers – Hecla (NYSE-HL $1.15), Coeur d’Alene (NYSE-CDE, $0.91), and Sunshine – have crashed. Last year Sunshine closed for good after nearly 120 years in production. Only Pan American (NASDAQ-PAAS, $4.07) has kept up with silver. [When you ask for quotes on these stocks, be sure to specify Canadian or US dollars. C$1.00 = US$0.65, at this writing.] RARE AS SNOWBALLS IN FLORIDA Silver investors should keep in mind that only 23% of world silver production comes from primary silver mines. The remaining 77% comes as a by-product from mines that primarily produce other metals: lead, zinc, copper, or gold. Primary silver producers mine only 110 million ounces of silver annually, equivalent in value to a mere 1.8 million ounces of gold. The world’s Number Five gold producer – Placer Dome – produces nearly twice that amount. The point is that primary silver deposits are uncommon, and most of them are saddled with other metals. Pan American’s two primary silver mines in Peru are actually about 50% zinc. Apex Silver’s enormous Bolivian silver project is over 60% zinc. Before buying Pan American Silver or Apex Silver for leverage to silver, investors should decide how well they like zinc. Unless zinc prices improve, zinc will be a drag on the financial performance of silver stocks. There is a difference between pure silver mines and primary silver mines. EUREKA! At last, we have discovered a real silver stock to recommend. Corner Bay Silver (TSE-BAY, US$0.96 or C$1.48) is a story of a group of savvy mining >> DAK