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


To: TheBusDriver who wrote (2172)12/15/2001 4:06:16 PM
From: Claude Cormier  Respond to of 4409
 
<If I thought silver would/could really go below $4 then I would be a trader. I would be foolish to be otherwise. BAY could easily be sub $1.25 if that happen.>

Maybe, maybe not. With silver at say US$3.75, Corner Bay could still come up with a net profit of near $1.00 per share based on the specifics that are known at this point in time.

BAY could follow silver down, for sure, even if it should really be trading higher based on the fundamentals. But it is possible that the story will get out much faster now that the company has some promotion going on. The recent names that were added to the board of directors and management team are no clowns. They most likely have some very strong contacts in the mining place. Maybe everything is getting in place as we have hope for the last few years.

We will know soon enough.