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

To: Roebear who wrote (1201)11/14/1997 5:29:00 PM
From: wlheatmoon  Read Replies (3) | Respond to of 4571
 
I was on a daytrading chat room today. One of the members stated that he talked to Lionel. The member said Lionel said BCMD should end the year around 8-10 after hitting the teens and returning to base around 8-10. Lionel bought more at 1 9/32. This generated a lot of interest around 3 pm today on BCMD. Some members bought on this speculation. Take it for what it is-third hand information from the PR guy for the firm. Interesting and fun to think about, though.
MChen



To: Roebear who wrote (1201)11/14/1997 8:02:00 PM
From: Milk  Read Replies (2) | Respond to of 4571
 
Price of Gold.
In today's discussion on CNN, Jim Steel, a commodities trader (does anyone know this guy? -M.) said he felt POG would stabilize at $290-295 level short-term. That would force some mining companies out of business early next year, especially in Africa and Australia since their production costs are higher. His outlook on gold overall was positive.

Less competition for BCMD if they achieve low production costs as predicted!


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