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Gold/Mining/Energy : JAB International (JABI)
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To: tech who wrote (249)10/21/1997 2:06:00 AM
From: D.McQ  Read Replies (3) of 4571
 
Tech...I'm still here...just had one of those Mondays. All I've had time to do today was do some quick checks on everything at BCMD. It's nice to have a stock that all you need to do is accumulate and wait for the big news to hit.

I heard that they are planning another news release this week. They are already drilling Pier 4 and Chapin went to San Francisco. Rumor has it that he's signing paperwork for JV and that's to be released too. That probably is why the stock went up at the close today.

Did anyone catch the volume? I know alot of people were busy accumulating while it's this low. I know I am.

And yes Tech it does look like the stock has bottomed and is turning for a run up. I did some more chart work last night and with the stocks consolidation at these numbers along with this volume......all I could say was WOW!! If this does anything like my charts indicate, it could go to $3 or $4 within hours of the news hitting and keep right on climbing

CAML went to $12 before it settled back between the $6 to $7 and it has nothing on this. Lockc didn't slow down or turn until it almost hit $6 and those two stock runs were recent enough that they are on everyone's mind. Both of those companies don't even come close to matching BCMD.

Chapin made sure everything was ready to go right down to hiring experienced topknotch people who take a lot of pride in their reputation. These guys wouldn't have left such good companies to join up with BCMD unless they were sure there was something big here.

What's your opinion Tech?
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