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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (2744)	1/27/1998 12:57:00 PM
From: Eric Freeman	Read Replies (1) of 4571

Roebear: today the largest sales are hitting the bid at 3/4 - I do not mind being wrong here, but right now I just do not see it as a good risk - take a look at the charts on some of the Canadian small caps:(Examples of two I am trading WIM,ELD - both on TSE)- Moving up on volume. Seriously - I have no problem jumping into BCMD if it reached a low like these two and then started to climb with gold price. However it appears to be doing the opposite. I do not want to miss the moves in the gold stocks, when there are so many opportunities out there. Only one I have that is not doing much is RYO - (Land claim problems with local Indian Bands holding it down) but still has big upside. I have BCMD on watch - but it is being sold during a rally in the gold stocks and that is all I know for sure. Good luck - if the news does come - would have to agree that it would then move up sharply. Eric

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