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Gold/Mining/Energy : JAB International (JABI)

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To: D.McQ who wrote (799)	10/31/1997 6:32:00 PM
From: Mr. Miller	Read Replies (2) of 4571

Hello Darlene. Good to hear from you. As I said to you before, I need more TIME to season those wonderful qualities we all need. I get ahead of myself alot and have not learned the meaning of patience in these stocks. One can't blame one for being impatient with these. It is so risky; when you hear nothing for a long time, it could mean trouble. My rowdy posts for the most part are intended to get at the truth-I say for the most part because I am sure that I speculate alot, too. I wanted to set the record straight about those investors. It is right for me at this time to send my apologees to Jeff; forgive my overzealous behavior. You meant well and I overreacted. I decided to give big L a buzz today. He seems upbeat about a flurry of news. Not his exact words, but he did suggest this. He did state that the Company has enough resources to work at LEAST through the end of the year. He did not give exact time frame that money would run out, but at least there is one solid quarter of production under the belt. He says also that they are pulling up 60 tons per day. He also says that PP was for .07 and recently for .50. He also says that JVs are now coming to the Company for action rather than the Company looking for JVs. He stated that in the past, potential JVs were just waiting for BCMD to go under, so they could get the land and do their own thing and get 100% of the benefits. We'll see just how much attention BCMD has attracted. No news means no JV. He also suggested that production numbers were available minimally at end of quarters(obviously), and other times would be made available "as necessary". I can only Assume(which is dangerous I know) that this means only when there is significant finds. Watching intently.. That is all I can remember for now. Have a nice weekend Miller

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