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Gold/Mining/Energy : JAB International (JABI)

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To: virginijus poshkus who wrote (3719)	5/14/1998 4:54:00 PM
From: Brian Pastor	Read Replies (1) of 4571

I've made and lost money on BCMD(d) - Good Entry Point at this price though. Company is liquid for two to three years with JV money. Company has 25 - 40 million in infrastructure in place. Company finally has weather in its favor. Compnay's milling capacity should be in the 60 - 120 tons per day in the next 30 days. Company should have 250 ton per day placer mill going soon. Company is bringing out .7 oz per tons in latest raises according to last press release. Company's recent hair cuts had nothing to do with fundamentals, only fear of pink sheet which is now gone becuase of the reverse split. Yes I bought a bunch at an adjusted price of 7.50 and lost some. But I had also bought a bunnch at 9.00 and sold at 18.00 sooo - you make some you lose some. I think that now is a safe entry point. BP

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