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

To: Paul Kim who wrote (1524)	11/24/1997 3:51:00 PM
From: Milk	Respond to of 4571

Paul, I don't have any problem with Mr. Freeman expressing his opinion, it makes sense to me, just like many other opinions expressed in this thread. We need a little reality check once in a while (I've seen people here really get carried away). However, we don't need to turn our discussion here into a brawl. Darlene, thanks for your research, you may be the reason why I got into BCMD before even doing my own DD :-), and made money on it. I sold at 1.5. It's just a stock, let's not forget that. I don't think the management cares as much about its shareholders as some people here care about BCMD. We are all here to make money (at least I hope so). Milk

To: Paul Kim who wrote (1524)	11/25/1997 12:38:00 AM
From: D.McQ	Read Replies (2) \| Respond to of 4571

Paul: In my opinion this was a very good JV deal. To begin with the agreement states very clearly that, "Sterling Mining LLC will receive a 30% interest in the current Brush Creek gold properties." This agreement is for 30% of the "current" "gold properties" only. So that immediately eliminates the JV from receiving any part of the diamondiferous ground BCMD controls and it also eliminates any future acquisitions that BCMD makes. There are rumors that they may be acquiring some other gold interests. However I have not been able to substantiate that particular rumor. It would be natural though to assume a company like BCMD may be acquiring more interests down the road escpecially when they have a CEO as agressive as Jim Chapin appears to be. How many shareholders do you know of that can successfully take over a company like BCMD? As far as other JV agreements go here are some you might find interesting: Goldmint Explorations Ltd JV Barton Bay Resources 50% interest in their gold property for $100,000. July 18, 1997 Reunion Mining PLC of London JV First Quantum Minerals Ltd 42.5% for $1.5 mil November 11, 1996 BMA Mining JV Northpoint Resources Ltd 50% for $175,000 wwwf.canada-stockwatch.com ll&symbol=BMA&pdate=19971113&category=200 ARGENTINA GOLD JV WESTERN MINING CORPORATION 60% for $22 mil December 4. 1995 cdn-news.com EXPLORATION MIRANDOR INC. JV POD AND DARKSTAR 60% for $2 mil November 5, 1996 lino.com Asia Minerals JV Zhaoyuan Gold Corp 50/50 for$36 mil each Oct 28, 1997 asia-minerals.com Canarc Resource Corp JV Placer Dome 60% for $20.3 mil over 5 years Nov. 13, 1997 pathfinder.com Glenmore Highlands Inc JV Monopros 60% for $10 mil November 24, 1997 canada-stockwatch.com I hope this helps to give you an idea why I feel 30% of only BCMD's current gold property for $9 million is quite an impressive JV agreement. Darlene