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


To: Claude Cormier who wrote (4263)6/11/2002 10:13:05 AM
From: teevee  Read Replies (2) | Respond to of 4409
 
Claude,

I agree so much with this statement Teevee. I like very much FPX. In at $0.42ish since March.

I am usually more comfortable with larger gold producers. FCX (Freeport) has always been my top gold pick, but I currently don't own it....probably sold too soon. I own CCO (Cameco) as it is working hard to expand gold production. Cameco is also THE play on uranium which appears to be headed for a supply side crisis. The price could spike upwards. If you are interested, look here:

eia.doe.gov


Since we have you on this thread, can you elaborate on your statement where you compared MAN and BAY.

A similarity between the MAN and BAY is that I don't like the metalurgical risk on both of them. Fine grained sulphides are always problematic and oxide silver is notorious for dissapointments. I suppose its moot though for those who owned BAY and have sold it recently, considering the share price:-)). Congratulations to those who made out okay.

Where did you get that BAY is an institutional play. BAY has always been financed through private placements by retail clients and close friends execpt for one 3.6M units at $1.50 placed through Canacord.

I heard this comment directly from an analyst while I was in New York a few years ago.

That fact that they are both listed on the TSE is where the comparison ends, IMO. There is nothing similar in their mining specifics.

Agreed. The only other similarity I mentioned is that I thought they were both a POS:-))

cheers,
teevee