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Gold/Mining/Energy : JAB International (JABI)
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To: Mr. Miller who wrote (1271)11/18/1997 10:21:00 AM
From: Brian Pastor  Read Replies (1) of 4571
 
Mr. Miller - I agree with your more conservative estimate. Put 5 million to 15 million at work in BCMD's best prosepect Ruby and pull out some solid numbers in gold out of that mine while at the same time use some of the money to conduct solid assays of the other mines and then do another round of financing looking for triple the investment (15 million to 45 million). The second round of financing could be private or public. Meanwhile, maybe some foreign investor will step in on the diamonds and rubies for which BCMD has good prospects.
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