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Gold/Mining/Energy : JAB International (JABI)

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To: Jeremy Fairman who wrote (990)11/9/1997 2:59:00 AM
From: DJRoss  Read Replies (1) of 4571
 
DBC, came out with an article concerning the usual rush to gold in declining markets. The gist of the article was that instead of buying gold, buy gold stocks. The depressed values in gold according to the article provide great opportunities for majors to begin accumulating junior gold companies to beefen up their need for reserves.

BCMD may end up as the article states on the market for some majors interest. Pure speculation of course, but with a strong trading in declining markets, it paints an attractive picture.

BCMD MM have taken this stock upward on profittaking which is IMO more important that any other factor. MM tend to gap or trade up and down first and ask questions later.

As to this contest, I am not sure what it is all about, but I have a seperate penny portfolio that I try to put stocks that I think are turning around or are near breakout. My picks then are BCMD,NCTI,BICO and AIPN.

Here is the url for the gold article- dbc.com

Thanks Dug
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