JAB International (JABI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : JAB International (JABI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Body who wrote (403)	10/25/1997 3:15:00 PM
From: D.McQ	Read Replies (1) of 4571

No Paul I don't think the current drop in POG will impact BCMD negatively......if BCMD was overpriced yes but it is too undervalued to have any impact. Reason #1 BCMD isn't a start up company that is vulnerable to the current POG.. They have been in business since 1982....They accumulated the many mines they own a long time ago.....They have had time to get established and have already PROVEN they can weather the storms. Reason #2 BCMD's cost of getting this gold out of the ground and to the mill is very low. A JV will be looking at that more than the current POG. Like the stock market the POG goes up and down all the time. It could just as easily be at $400 tomorrow. Also if this gold is as pure as it is rumored....we are into an entirely different market....and we already know they are selling to the jewelers market at a much higher price Reason #3.....BCMD isn't mining only gold.....they are also into Diamonds and from the rumors I've heard they are also exploring other precious metals......like I keep saying this company knows how to be successful in the mining business Reason #4 BCMD is too visable right now....they are in the news big time and from what they are showing us they PLAN to stay in the news........Make no mistake that news release Friday wasn't shot off just for the fun of it They are following a well thought out business plan and that's what it takes to make it today. Everything I keep seeing says this company's management knows exactly what it is doing and it has big plans for the future. Reason #5..BCMD has a history of playing the POG. I recently learned that when the price of gold was down years ago...they concentrated on the easily produced gold and left the more expense to produce gold for a time when gold prices were up.....Now that is a company that knows its stuff! They don't just roll with the ups and downs of the POG they plan for it. !!!!!! Darlene

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next