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


To: Lord Smooth who wrote (559)10/28/1997 2:44:00 PM
From: Mr. Miller  Read Replies (1) | Respond to of 4571
 
And I know zero about evaluating a mining stock in general. Usually one would look
for financial potential or strength with revenues and earnings, but that is
all out the window as far as I am concerned with this stock. If they find what Paul's
message seemed to hint, then that alone will skyrocket this company in the near term.
Where is Paul when you need him to tell us where he/she got the post(~517) of BCMD finding
so much gold??

Shoppie, what finally got you in as a player?

Miller



To: Lord Smooth who wrote (559)10/28/1997 3:51:00 PM
From: DDS-OMS  Read Replies (2) | Respond to of 4571
 
S.

A hypothetical question: Assume BCMD signs on with a venture partner who puts up $14,000,000 for 50% of all future profits from all present gold claims. No part in any diamond mining--but this is not a calculable value anyway. What would be the markets reaction to selling 50% of all future profits for the equivalent of 31 cents per share fully diluted? I realize the money would be needed to work the mines, but what does this say about the value of future profits?--or is this too simplistic?

Regards,
Gary