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Gold/Mining/Energy : JAB International (JABI)

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To: Dundee Maples who wrote (2480)1/4/1998 2:42:00 PM
From: Ryan Weisman  Read Replies (2) of 4571
 
All, just got back from vacation and read through the hundreds of posts. I must say I have an insatiable appetite for info/speculation about this company because it is very exciting, but I got a huge headache after reading the personal regards posts and the likes...please keep the BCMD thread for BCMD talk and send each other e-mails on the upcoming MLK, Valentine's, St.Patties holidays. It's not fair for people who want to read relevant facts about the company. The only exception I make is Martin's talk of a July camping trip; that is purely an invitation for good times! I'll be there.

Anyway, one post I read which scared me with verifiable facts, and wasn't refuted in 120 following posts on Yahoo, is this one...

fact #1: ddddarlene on the SI thread posted towards the end of the
october she predicted a $10 bcmd within 1 week: thats hype
fact #2: bcmd did not start any removal of ore from pillar 4 until after
december 15, 1997 : do you know this?
fact #3: bcmd's ruby mill was shut down for several days to put on a new
roof so that it could mill ore
fact #4: bcmd stopped milling operations for a period of time in
decemeber because one of the panels of their ore grater had a life
expectancy of a few days: still needs replacement
fact #5: the shaker table at ruby mill is warped: still needs
replacement
fact #6: price of gold is $280 - $290 oz
fact #7: bcmd claimed to have started mining in august. no revenues
posted on sec reports for quarter ending sept 30th. none.
fact #8: bcmd does NOT. i repeat DOES NOT have 9 million dollars from an
JV. they have only $500,000 from a JV who happens to also be ariel
holdings. they are NOT bound to pay 9 million dollars. get that THROUGH
your little heads
(ariel holdings probably became the jv in order to pump the stock price
up on the news, then sell holdings down to $7/8. very wise that ariel
holdings: this part is congecture)
fact #9: bcmd has not mined a single piece of ore after pillar one until
sometime into december
fact #10: there are no production numbers to date
fact #11: diamond jv has not come on line since oct 15th
fact #12: there is alot of snow in northern ca. expect production to
decrease not increase in winter
fact #13: the only gold we've seen since oct 15, is 40 oz from 170 lbs
of ore
fact #14: bcmd continues to trade around the 15/16 - 1 1/16 level
fact #15: recent SEC filling is about to introduce about 30 million
shares into the open market able to be traded by all of the public
fact #16: the average price of these restricted shares now
NON-restricted shares were purchased at .25
fact #17: your IR guy is CANADIAN not AMERICAN. (what does that tell
you? no qualified americans can sell gold? or canadians are the best
hypsters of precious metals? - see BRE-X for details)
fact #18: bcmd PAID cambridge to write an article about their company
and PAID for the rights to send it out to shareholders
fact #19: your IR guy used to work for TTRIF then left suddenly for
BCMD. READ the TTRIF thread. PUMP AND DUMP.
fact #20: this stock has a market cap or is worth 45 million dollars.
does the gold found so far justify this market value? does it?

Unfortunately, this guy followed up what I thought was a solid post with his pathetic trashing of women. But I also feel that some of these issues should be discussed, considering this is a BCMD discussion group. Any takers?...

Thanks, RYAN
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