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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (477)	10/28/1997 12:04:00 PM
From: Charger	Read Replies (1) of 4571

Responding to questions on The Royal Bank of Scotland payments, BCMD informs me that they do currently have the money to make the payments. There were some fears, as posted on DTO, that they were about to go bankrupt. As we know, they have been having a difficult time for a very long time, which is why the financials dont look good, have missed payments, etc. But they have successfully renegotiated all contracts. The Bank of Scotland requires a pmt of $112K (not $300K) and it is in Nov. (not Dec.) and BCMD has the money to make that pmt. They have been negotiating with possible JV partners and all appears to be solid on that ground. Could be good news very soon. Roebear - DTO is Daytraders Online. www.daytraders.com. Very good site. Costs $80/mo. Lots of information on all subjects and very good calls by the leaders. We estimate that DTOers currently hold 1.5-2mill of shares of BCMD.

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