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Gold/Mining/Energy : JAB International (JABI)

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To: Lord Smooth who wrote (1424)	11/23/1997 3:05:00 PM
From: Whipsaw	Read Replies (1) of 4571

<< Sterling mining has 6 million warrants at $0.30. That means for them to break-even on their investment of $9 million, the stock has to be trading at $1.50. >> Wouldn't that be $1.80? $1.50 would be the profit per share. << If Sterling Mining invests $15 million, BCMD stock must be at $2.50 for Sterling to break even. >> Liekwise, wouldn't that be $2.80?

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