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Gold/Mining/Energy : JAB International (JABI)

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To: Tai Jin who wrote (3072)2/23/1998 1:56:00 PM
From: Roebear  Read Replies (1) of 4571
 
Tai Jin,
I just thought an old news release would dispel a little gloom and doom around here.....and remind people that there still is more than one iron in the fire. Whether that iron will ever get hot I do not know.
I am willing to bet that BCMD will have its day in the sun. It is my opinion that this stock will go up and when it does it will be hard to catch. And I have put a chunk of funds in BCMD to back that opinion.
Of course that is my personal business and I am just telling an opinion.
Talking about Bre-X.
Having missed the initial run on BRE=X, it did not tempt me. After the helicopter jungle ride it seemed kind of obvious too!
About a year ago I was on Kitco when a fellow posted (the night before the Bre-X investigation was made public) he was going to put all his funds, 50K, into BRE-X. All the regulars said, whoa, your gonna lose your nest egg son. Well of course he did, and came back the next night to complain that he only had 2 cents on the dollar left and would never buy a $%**@#! gold mining stock again. So because of his own stupidity, he condemned the good with the bad.
Now I don't feel like that fellow at all, I have been in bear markets like this one in gold stocks before. BCMD is having one of its own right now, sentiment is DEPRESSED.
But until Jim Chapin starts giving one way helicopter rides
or some such thing, I am not sweating it!
BCMD is NOT ABX, but it is NOT BRE-X either!

Contrarily yours,

Roebear
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