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


To: Roebear who wrote (477)10/27/1997 9:36:00 AM
From: Jeffery E. Forrest  Read Replies (1) | Respond to of 4571
 
DTO-DayTraders Online.
They have evidently been very bullish on BCMD.
This is encouraging as DTO has been very prescient with it's stock picks.



To: Roebear who wrote (477)10/27/1997 9:39:00 AM
From: Jeffery E. Forrest  Respond to of 4571
 
NY precious metals seen opening slightly higher

NEW YORK, Oct 27 (Reuters) - COMEX and NYMEX precious metals futures were seen opening slightly higher Monday, with gold seen finding a little support following Friday's huge slide to new 12 year lows.

The U.S. dollar was weaker overnight, Asian and European stockmarkets slid further and U.S. equities were also seen opening lower, which may provide some support for gold, traders said.

In addition, Swiss finance minister, Kaspar Villigar, backed away from the plan announced Friday to sell the full amount of 1,400 tonnes of Swiss gold reserves if referendum approval is obtained in 1999.








To: Roebear who wrote (477)10/28/1997 12:04:00 PM
From: Charger  Read Replies (1) | Respond to of 4571
 
Responding to questions on The Royal Bank of Scotland payments, BCMD informs me that they do currently have the money to make the payments. There were some fears, as posted on DTO, that they were about to go bankrupt. As we know, they have been having a difficult time for a very long time, which is why the financials dont look good, have missed payments, etc. But they have successfully renegotiated all contracts. The Bank of Scotland requires a pmt of $112K (not $300K) and it is in Nov. (not Dec.) and BCMD has the money to make that pmt.

They have been negotiating with possible JV partners and all appears to be solid on that ground. Could be good news very soon.

Roebear - DTO is Daytraders Online. www.daytraders.com. Very good site. Costs $80/mo. Lots of information on all subjects and very good calls by the leaders. We estimate that DTOers currently hold 1.5-2mill of shares of BCMD.