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

To: I_C_Deadpeople who wrote (4290)6/19/2002 10:01:16 PM
From: Canuck Dave  Read Replies (1) | Respond to of 4409
 
To: cbay@istar.ca, Subject: New deal looks bad

I am a BAY shareholder. In fact, I have a lot of shares and this revised deal with Pan Am looks really bad compared to the original one.

We get a lot less value, no exploration units, and a sinking feeling BAY is going to trade under 5$ tomorrow. If it does trade significantly lower, I will vote against the new plan. We've held this long waiting for people to recognize the value, and I think there's better upside potential going it alone.

Yours Sincerely,

CD



To: I_C_Deadpeople who wrote (4290)6/20/2002 1:14:52 AM
From: Claude Cormier  Respond to of 4409
 
<I would have thought Corner Bay would have backed out of this amended deal.>

The press release does not mention the previous penalty in case BAY backed out...


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