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


To: IngotWeTrust who wrote (2697)1/4/2002 3:15:32 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4409
 
<Banks make money at the fed discount window, not bankrolling silver pie in sky mining deposits.
So, NO, Claude, we DON'T agree on that. >

They sure can borrow from the fed at low rates but they must lend to business and individuals. Corner Bay is a business with a high rate of return project.



To: IngotWeTrust who wrote (2697)1/4/2002 3:17:23 PM
From: Claude Cormier  Respond to of 4409
 
Since you said:

Yes, .03 gpt at 70 metres depth of SILVER is economical to mine, open pit wise. With silver at $5 and change per oz,(or $0.05 per gram)

I can only assume that you agree that Corner Bay has a very healthy project since its grade is much much higher. Therefore banks will be interested.