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

To: re3 who wrote (3938)	4/27/2002 10:52:32 AM
From: Claude Cormier	Respond to of 4409

<well, i made profits trading paas in the last couple of days, that is all i know -g-> You right. It has been a good vehicle for trading. I always forget that this is another way to look at a stock. When I buy, I tend only to consider valuations and long term positioning. Just my style. I do trade somewhat..but not much. <since june 00, the price of silver is down and the price of paas is UP...i dunno what to make of this, > More demand than offer. Simple. Since the Bill Gates houpla that came with great fanfare, investors have piled in. Also, the company has really improved its balance sheet. <but i'm reluctant to hold major positions in silver stocks <until i'm more sure of what is going on here You think that there is a chance that silve rprices really collapse? <...and maybe what is going on is a speculative bubble in < both paas and bay ? Well... I do not see a bubble. PAAS is somewhat overvalued..but it has real assets are on the borderline of being profitable. On BAY, if you believe the numbers, there is only one conclusion you can reach.