Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Miller who wrote (341)	10/24/1997 10:16:00 AM
From: SurfCa2	Read Replies (1) \| Respond to of 4571

Good Info source stocksmart.com

To: Mr. Miller who wrote (341)	10/24/1997 1:18:00 PM
From: D.McQ	Respond to of 4571

Mr Miller: Whew you are great.....talk about an interesting Post....First things first, the mining industry is my favorite and therefore the one I enjoy spending the most time studying. Second these kind of penny stocks are my specialty....I love them....they aren't the only stocks I play or watch but they are the most fun and predictable. You have so many great questions that I don't want to fluff any of them off but if you don't mind I would like to deal with the ones I think are the most relavant to BCMD and this kind of action. Like any other stock sectors these too have their own patterns etc. You look at many variables. First the foundation and management. Do they have staying power or are they going to be gone tomorrow? BCMD has weathered many storms and been in business since 1982. That is the biggest plus. Most of these companies are long gone after a few years. Because of a slump in this industry caused by the drop in gold prices, most of these stocks are all very undervalued and their stock price at the moment can be irrelevant. Their stock motion and ups and downs are caused a lot by emotion simply because it is GOLD we are talking about. There really is such a thing as "Gold Fever" and when it hits a company like BCMD look out. The financial strength of a company like this isn't as important as the gold they search for...a gold strike changes all of that in a mere minutes. Remember they aren't reliant on sales, etc. They .can become profitable the moment they hit the big strike...after all this is GOLD. The thing you want to look at is do they have the staff, equipment and resources to get it out of the ground. BCMD has!!! Just a small gold strike can cause an enormous upward movement in a heartbeat. There is so much potential. Anyone who has ever watch these stocks and knows them will say the same thing....they can go so fast you can't catch them. I have seen these stocks blow through $10 as if dollars were pennies and if this is half what I think it is........we won't see the teens. News will get this high fast and keep it high. Any substance will stablize it far above book value. Darlene