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

To: Fishfinder who wrote (4066)	5/21/2002 10:21:47 AM
From: Canuck Dave	Respond to of 4409

Well, that's where people like Claude and russ come in. Those who know the business and can separate the wheat from the chaff. But you also make a very good point. Now that the precious metals have turned, the lowest hanging fruit has been picked. Very juicy it was, too! CD

To: Fishfinder who wrote (4066)	5/21/2002 10:21:49 AM
From: Paul-D	Respond to of 4409

Tuesday May 21, 9:32 am Eastern Time Reuters Market News NY silver rises to 15-month high on fund buying NEW YORK, May 21 (Reuters) - COMEX silver futures raced out of the gate Tuesday to a 15-month high, chased by funds after breaking above the old 2002 high. Silver has been taking its cue from gold, and Tuesday's rally lagged Monday's surge in gold bullion prices to their highest in more than two years. July silver shot to $4.865 an ounce in early trade, its highest since Feb 7, 2001. It accelerated after breaking above the April 2 high at $4.77 and then $4.80 an ounce, where commodity players had pre-placed buy orders expecting more gains. At 0920 EDT the benchmark contract was up 6.0 cents, or 1.3 percent, at $4.84 an ounce. "There seemed to be some new fund interest above $4.80," said a floor broker. "Anything above $4.80 has been taken out."

To: Fishfinder who wrote (4066)	5/21/2002 10:22:07 AM
From: Little Joe	Read Replies (3) \| Respond to of 4409

Scott: It is possible that holding our position in PAAS stock that is exchanged for Corner Bay may be our best option. This will certainly lower PAAS break even and the company has tremendous upside if silver breaks out. It could well be that this is a better deal for PAAS than Bay. I guess we will need to listen to the call today and see the market's reaction. Little joe