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

To: Claude Cormier who wrote (2678)	1/4/2002 2:05:05 PM
From: russwinter	Read Replies (1) \| Respond to of 4409

<MR is no longer in your list.> No, I like it, even after selling for a 400% profit. Rich Hall is great. My strategy was to try and reenter below a buck which may not happen, but I'd rate it a good hold. I feel CTQ and IP offer better valuation at these prices. <just because a stock doubles or more, that it cannot do it again.> Agree completely, there are a bunch of five and ten baggers ahead. But, I'm also really zeroed in on management approach and strategy and if I sense it's not a fit with my (to each his own) version of things, I will sell. And one element is capital raising for development(legbreakers like Rothshilds and others) in a lousy climate. One of the reasons I'm such a fan of NGT's Albert Matter is his sense of actually trying to create value that translates well (exit strategy, company building) to his shareholders. When I speak with him we are largely on the same wave length. I'm even asking tough questions of MFL today: stockhouse.ca. I like this approach for example: Message 16816104 Message 16849167

To: Claude Cormier who wrote (2678)	1/4/2002 8:10:22 PM
From: gold$10k	Read Replies (1) \| Respond to of 4409

Hi Claude et al, <<I am positioning my PF to profit even if metals stay in the same trading range for many years to come.>> I couldn't agree more. I saw many make a bundle in September, 1999 and then give it all back and more. I prefer to buy despair and sell euphoria. The talk on this thread sounds like euphoria to me, so I sold my remaining BAY despite its great future. After a more than 100% runup in a few months, a breakout and 50% gain in the last few weeks, and big resistance in the C$3.00-3.15 area, I expect that BAY will take a rest, retrace some, and consolidate for a while. In the short term, I believe that it would take a significant move in silver for BAY to go much further. I also believe that any significant move in silver would be accompanied by a significant move in gold and I am loaded with many other explorers, many of which are still totally depressed from tax loss selling which are certain to be profitable for me regardless of whether there is a PM bull. Maybe I will regret parting with my BAY. We'll see if I get a low risk opportunity to rebuy. I have no specific target. Good luck to all of the great crew here. Don't be too hard on me... I'm just living up to my name <g>, vt