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


To: IngotWeTrust who wrote (3599)3/26/2002 8:15:53 AM
From: Colt  Respond to of 4409
 
BLAH, BLAH, BLAH,

Keep trying you old boot.

Your such a waste of space !

Most old women take up knitting or cards.....why not do us ALL a favour.......

No one is buying into your BS or your old war stories, about those fictitious stocks you sold JUST before they were delisted....your such an OLD FOOL....... trying to use OLD scare tactics, that may have worked in the '50's but not today grandma !!

Time to retire gt

Colt



To: IngotWeTrust who wrote (3599)3/26/2002 11:42:10 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 4409
 
Claude calls the upcoming "April report" a BANKABLE FEASIBILITY STUDY: Here's the post:

To:Joan Graffius who
wrote (3385)
From: Claude Cormier
Saturday, Feb 16, 2002 6:00 PM
View Replies (1) | Respond to 3386 of 3624

Hello Joan,

Not at the moment. But BAY has more than enough cash to complete its
bankable feasibility study which is expected in April.


After that, subject to the results of the study, BAY will try to get the millions it
will need to bring Alamo Dorado to production. The plan is to finance through
a secondary issue of stock, possibly in the US, and through bank loans.

The better the results of the feasibility study will be, the easier the financing
will be.

Although the parameters have change since then (silver is lower, recovery
rates are higher..), we can use the numbers provided by the pre-feasibility
study done in late 2000 and conclude that if silver does not collapse below
$4.00, BAY should have no problem to finance its project and should take a
production decision sometime later this summer.

END QUOTE