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


To: Lord Smooth who wrote (1424)11/21/1997 4:02:00 PM
From: Martin Wormser  Read Replies (1) | Respond to of 4571
 
Schop, All I can ask and add is "What the hell is a Friendly's Fribble"?

Martin

PS: Seems like the majority of investors are in something for a couple of weeks (if that long) then sell. They're positive as long as the stock is going up but negative when they sell and the stock goes down.

Check out Bema you little Friendly's Fribble. Just checked, our little gold mine is back up to $1.50. WOW!



To: Lord Smooth who wrote (1424)11/21/1997 4:05:00 PM
From: Bill Galkowski  Respond to of 4571
 
It's coming back up nicely now, seems that there was a lot of buying near the close, then selling again. I think it will level out next week.

Good luck



To: Lord Smooth who wrote (1424)11/21/1997 4:09:00 PM
From: Eric Freeman  Respond to of 4571
 
I already did in part - First - evaluate the actual proven reserves, then - look at the number of shares out, production costs, time value of money, ROI etc. Who owns shares and at WHAT PRICE? Remember - you have many depressed gold stocks that are producers now, with proven reserves etc. So if based on potential of gold price run up - many other proven situations out there. Then ask - are you investing now for future, as yet to be determined potential? What is this potential. Compare that with other situations that exist now.
Do not kid yourself - yet anything can happen with good promotion, and yes you can hit it big on a real gold find. That is the reason many buy these stocks - it is like a lottery ticket.
On the other hand, do not kid yourself about the risks. I suggest you take a look back at any number of small gold exploration plays - take a look at the charts. If you were a betting person the short side looks more profitable from their spikes on hype. What can I say - as long as you REALLY know the risks - go for it. It is your money.(I hope) No risk, no reward - cannot argue with that. I just do not like people who act like it is a sure thing. It is definitely not.
Like you say - you have short experience - after a few years at this it would be interesting to see your comments. That is not to say you are not correct - but time does tend to mellow out ones enthusiasm for these situations.

Had time today to play on the internet - but that is it for now. Good luck.

Eric



To: Lord Smooth who wrote (1424)11/21/1997 4:47:00 PM
From: Charger  Read Replies (2) | Respond to of 4571
 
BARRONS will feature BCMD this weekend, according to Lionel. The feature will go over the same material, the JV deal, that was placed on the wires this week. It will place the name before a wide audience and give additional national exposure.

Having said that, I would like to commend you on your excellent thinking, Schopenhauer in your post #1425. I couldn't agree more.



To: Lord Smooth who wrote (1424)11/21/1997 7:38:00 PM
From: Roebear  Read Replies (1) | Respond to of 4571
 
schopenhauer, My regards to your gutsy and I believe correct stance during todays turbulent BCMD odyssey. For four weeks you show promise, do you have a lot of experience in other types of equities?
In any case, Bravo!

Roebear



To: Lord Smooth who wrote (1424)11/23/1997 3:05:00 PM
From: Whipsaw  Read Replies (1) | Respond to of 4571
 
<< Sterling mining has 6 million warrants at $0.30.
That means for them to break-even on their investment of $9 million, the stock has to be trading at $1.50. >>

Wouldn't that be $1.80? $1.50 would be the profit per share.

<< If Sterling Mining invests $15 million, BCMD stock must be at $2.50 for Sterling to break even. >>

Liekwise, wouldn't that be $2.80?