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

To: russwinter who wrote (2489)	12/21/2001 3:23:18 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

Russ, I almost agree on your valuation.. Keep in mind that part of the resources is not not economic at the current price. Only the half of it is. The remaing needs $4.75-5+. About exploration, we will have to be patient. The company has decided to delay spending more money on this item to preserve cash for the feasibility study. I suspect that we might see a small private placement in 1Q2002 if the stock price is right so they can do that drilling we have been wainting for on that Northern anaomalie. But frankly, I see no rush to do this.