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


To: Claude Cormier who wrote (3650)3/27/2002 2:25:37 PM
From: Claude Cormier  Read Replies (2) | Respond to of 4409
 
A few other interesting notes from Nesbitt Burns Outperform recommandation:

"The feasibility study will likely reflect a lower silver price assumption but higher Phase 1 recoveries than assumed in the original pre-feasibility study. Ongoing metallurgical work suggests that the Alamo Dorado ore may not require agglomeration prior to stacking on the permanent leach pad. Lock-cycle tests are underway to determine reagent levels and residual metal content. All necessary environmental studies are being prepared as part of the bankable feasibility study. ... This document will form the basis upon which the company will seek project financing."



To: Claude Cormier who wrote (3650)3/28/2002 4:13:38 AM
From: TheBusDriver  Read Replies (1) | Respond to of 4409
 
Excellent Idea CC. Has the company expressed interest? Or are we just tossing ideas around? With gold north of $303 this is a real possibility.

Wayne



To: Claude Cormier who wrote (3650)4/3/2002 4:08:15 AM
From: brian krause  Respond to of 4409
 
Yes but as the price of BAY increases we see more value for a share swap then selling gold forward. I would not want to start a forward sales outlook at this time.