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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Raja who wrote (5120)5/16/2002 12:43:36 PM
From: Claude Cormier  Respond to of 8010
 
<I think I'll sell some more BAY and plough profits into FSR speculation!>

Raja,

FSR is certainly a nice silver play. But the numbers speek for themselves.

FSR: Market cap is currently $32M. Production 2.4M ounces. Reserves: 12M ounces.

BAY's market cap is $72M. Forecasted Production: 12-14M ounces. Reserves: 65M ounces (Economic at current prices), another 65M ounces economic at $5+.