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Gold/Mining/Energy : JAB International (JABI)

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To: tech who wrote (604)10/28/1997 7:59:00 PM
From: DDS-OMS  Read Replies (1) of 4571
 
Tech,

Agree with most of Pugno's synopsis, altho there are a couple minor errors: In saying BCMD has Nov.'s payment to their "Swiss" bank, one is left with the impression that this is perhaps a loan payment--which it is not. Royal Bank of Scotland is the bank in question, and the payments owed are the result of litigation/settlement because of prior managements' mismanagment. The speculation about this being possibly "the biggest gold find in US history" is just that --pure speculation, and is the kind of hype we dont need coming on the heels of similar hype about Bre-X. The speculation as to $10 by years end--everyone is entitled to his own opinion--I would tend to be a bit more conservative.

IF DTO followers can drop the stock like it did late to 15/16, then carry it back to 1 1/16 on 200K shares in a few minutes before closing--then this is one site it would behoove a trader to watch closely. If I had seen the article first on DTO site, wouldn't have been any hesitation to buy when I saw it drop suddenly to 15/16!!

Regards,
Gary
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