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Gold/Mining/Energy : JAB International (JABI)

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To: Milk who wrote (3431)4/10/1998 12:04:00 PM
From: Roebear  Read Replies (1) of 4571
 
Milk,
Very interesting indeed, there is some strategy afoot, made more interesting to me by the fact that without very much debt and with Sterling payments freshly in hand, BCMD very obvioulsy did not need the money by anything that we know at this time. So they need it for something we do not know or are aware of at this time? this could be either very good or well, not so good.
One final point which no one has made, the warrants are exercisable for .65 so they are worthless at current prices. Kind of gives one hope how about it?
Just my opinions folks!
Well, I am off to enjoy some time for R&R.
No doubt I will also do some praying for us poor investor types, but other than that I will not think about this till Monday.

Enjoy your weekend everyone.

Roebear
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