SI
SI
discoversearch

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 (1271)11/18/1997 10:21:00 AM
From: Brian Pastor  Read Replies (1) | Respond to of 4571
 
Mr. Miller - I agree with your more conservative estimate. Put 5 million to 15 million at work in BCMD's best prosepect Ruby and pull out some solid numbers in gold out of that mine while at the same time use some of the money to conduct solid assays of the other mines and then do another round of financing looking for triple the investment (15 million to 45 million). The second round of financing could be private or public. Meanwhile, maybe some foreign investor will step in on the diamonds and rubies for which BCMD has good prospects.



To: Mr. Miller who wrote (1271)11/18/1997 12:13:00 PM
From: Lord Smooth  Read Replies (1) | Respond to of 4571
 
"I have some respect for this guy because of the firm he represents."

Miller, be careful with this logic. Many brokers at many of the top firms are more salesman than analysts. I would only use a broker for potential ideas not for forecasting, unless they are reading verbatim an analysts' report (from a top firm). The historical info was pretty interesting, but as for forecasts, you and anyone else on this board is as well qualified for guessing as he is.

Thanks for sharing with us all the hard work you are putting into digging up info. At this point there does not seem to be any additional information that can shed light on BCMD. We all have to just wait and see.

S



To: Mr. Miller who wrote (1271)11/18/1997 8:22:00 PM
From: Charger  Respond to of 4571
 
It never ceases to amaze me how many "other" people seem to want to manage the affairs of BCMD, Mr. Miller. I think what BCMD should do is cancel anything they currently have on the table immediately, as far as a JV is concerned, hire your (Nevada, is it?) broker to negotiate deals for them, promote the idea that they will, without fail, be able to obtain a JV to put in $35 mill and that the deal will be signed before the famous "Turkey Day", and assure their stockholders that they only gave away 10% of the company in order to raise this small amount of cash, and then, I am sure you are correct, the stock will soar to your projected $10 by the end of fiscal year. It sounds like SUCH a good plan, don't you think?

Oh, and I forgot, your broker can then negotiate another $20 million to be put into the company for, perhaps, let's say, 7% of the company holdings? Yes, do...call Jim or Lionel right away. I am interested in their response.