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Gold/Mining/Energy : JAB International (JABI)
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To: D.McQ who wrote (390)10/25/1997 1:14:00 PM
From: Mike Perras  Read Replies (1) of 4571
 
Darlene:

With due respect, you didn't buy Bre-X because you didn't buy Bre-X PERIOD .. no reason matters at this point. Some of the smartest pension fund advisors bought in, the biggest brokers thought nothing of buying this stock. It went from pennies to $280.00 a share then split 10 to 1 .. This company was looked at by Peter Monk, likely the sharpest gold exec alive today .. Bre-X had the highest level connections .. most were of a first class reputation.

If you didn't buy this stock because it really did not pass your tough test, then you my dear should sell your tesing method & make millions.
Most people never thought of Bre-X as a penny stock & when it got over $60 & $100 & then at $200 a share it was the last thing on anyone's mind. It will forever be the biggest hoax .. Billions made & billions lost .. these guys smoked everyone, you are just lucky you didn't buy in, for whatever reasons you want to tell yourself & others today. Personally I never bought this stock becasue I always felt it was too rich for me.

My entire point on Bre-X is this, unless you are well read on the history of this stock, leave it alone. Calling it 'hype' is an understatement .. the fact that the brightest investors on the planet got caught up in the hype is the truly amazing story & that part you are not mentioning. Bre-X is better left buried.

Whether you realize it or not just by camparing these stocks you are hyping BCMD (deserves the hype .. but still hype is hype. CYJ is right there and I am an investor .. let's hope they both really fly.

Mike


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