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


To: IngotWeTrust who wrote (2689)1/4/2002 2:55:33 PM
From: Claude Cormier  Read Replies (2) | Respond to of 4409
 
Dear G_T,

You missed the point, my friend.

I am sure you understand that the silver that could come from above ground reserves in Asia, especially those in India, far exceed annual production numbers. There are a few billions ounces over there.

The matter is these ounces will not come on the market at $4.50. But at higher prices, some ounces will eventually join the supply side. I am sure you agree with me that silver from this source will matter a lot more than mine production.