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Gold/Mining/Energy : JAB International (JABI)

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To: Ben Geh who wrote (816)	11/3/1997 11:54:00 AM
From: D.McQ	Read Replies (2) of 4571

Ben Geh...biggest thing here is that.BCMD has changed from an exploration company looking for gold to a mining company that is now producing gold......and the JV news is what will rocket this stock up...until then it is steadily inching its way up.... BCMD has had severe cash flow problems ..... with this find and a solid JV partner that will end and they will be able to move into a different league.... they are already starting to produce gold but they need to gear up substantially if they want to get past the break even point. A large influx of cash from a JV will accomplish just that..... Anyone who is interested in the impact a find like this can have on a stock can check out a company called Diamond Field Resources and a nickel discovery they made in Voisey Bay....... ontarionorth.com BCMD reminds me so much of DFR that it is like going back in time.....I watched that play and just like now everyone was waiting for the big news to hit...I was going to buy in as soon as the news hit the street.... I never got a chance...the company called a halt just before they made the announcement and the rest is history.....I kept waiting for a pull back to buy in.....The pull back I wanted never came....When a stock goes from $4 Cdn to $80 Cdn in 6 months there aren't any pullbacks to speak of.... Inco eventually took them over for 3.3 billion sddt.com If Diamond Field Resources and Voisey Bay doesn't do anything for you then you obviously haven't been in the mining sector before...All of us who watched it learned a very valuable lesson on how these stocks can trade...I know I sure did Darlene

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