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Gold/Mining/Energy : JAB International (JABI)

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To: Ryan Weisman who wrote (2481)1/4/1998 7:07:00 PM
From: Brian Pastor  Read Replies (1) of 4571
 
Ryan, you have really changed your tune since your post of December 18 which was: exchange2000.com

I don't know the answers to all of your questions, but 1) BCMD is undoubtedly in production; 2) Visible gold is a multi ounce per ton proposition which is an extremely exciting find; 3) Initially, BCMD will be limited by the number of tons it can process per day, but expect it to increase its capacity in 2d quarter; 4) the production on pillar 4 and virgin ore shoots did not begin until the later part of the last q, but so what, it takes time to come up to speed on production and BCMD has found a bunch of gold in a very short time period (based on its press release of unearthing visible gold; 5) equiptment issues in any mining company are normal; 6) Most of the 30mm shares are held by insiders and long term investors who will not be released for 60 to 90 days and who also are not stupid about NASDAQ listing requirements (ie, must keep the stock above a buck/share; 7) AND additional rich finds are very possible in the next 60 to 90 days -- why sell if the company gives you a great reason to hold; 8) If you can't sleep at night, then sell.
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