To: Roebear who wrote (1802 ) 12/2/1997 6:59:00 AM From: Mr. Miller Read Replies (1) | Respond to of 4571
Roe, thanks for your report. I think I had been saying most of what you wrote for a long time. I am glad you all checked into the shaker tables, AFTER I said something. Imagine what else I know that you would love to know? DOES ANYONE KNOW WHY IT TOOK SO LONG TO REACH PILLAR#4? Nevertheless, it is good that you people are staying on top of things. If you are going to risk your money, you should know exactly what you are risking. The last 20 posts or so are finally producing some constructive questions and comments in a higher percentage way. Good job. Restate the obvious, it is okay- like it depends on whether or not they can produce gold at a profitable price. I don't know if I ever said the shaker tables were broken, but warped means useless or broken. Anyway, I'll say this about that. NOONE WAS EXPECTING A PRESS RELEASE SAYING SHAKER TABLES WERE BAD. Whatever person wrote that needs his head examined. THE POINT WAS that BCMD had been saying all along that all was going well, yet the shaker tables were warped preventing proper milling and rocks were being sent elsewhere for milling. GOT IT? So the point continues to ask what else is going wrong that we are not hearing about? Why exactly has the stock been(implying an ongoing process) collapsing. My boys in brokerland see .50 or below by end of week. We'll see if they are right. They have been right about alot of things and wrong about some, too. I am not hear to defend. Ask PR if they are doing any mill work right now or in the past 4 weeks. Report back what you hear. Or maybe you'll keep it to yourself. But remember who told you to ask. And when you hear the answer, you'll know why I told you to ask. Oscar, you numbers for potential revenues are WAY off. So why am I writing all this. Today I see negative signs and I am expressing them. We know the potential is there, but we can't really talk about it because it is only potential. (Someone has started the rumor that 500,000 to 800,000 oz gold is in reserve and that Lionel said this. Am I correct in this? I can't believe PR would say it, and it is not written anywhere in their literature, but something much higher was mentioned in the conference call of 10/29/97)-Sounds like hype to me. Anyway, we only can try to address all the other little things. BCMD has had the potential to mine this sucker for years. I know. I was in and out in early 90s, before the split. The potential still exists. Last time they did hardcore mining they were seeking the motherlode around every corner in the Ruby Mine and found nothing. They wasted money desperately looking. Now they are mining again, after giving out stock like candy to people who will surely liquidate in the Spring when the stock is anywhere above .25. And when/if the stock price gets so low, Sterling will no longer be giving up the moolah to keep going. People, we need to consider this. Consequences from not finding anything this quarter would be disastrous. Stock price will go below and stay below $1, forcing a reverse split. Sterling money would dry up and PPs would start again. This is a possibility. I bought on the wave last time, and I am now only minimally invested-I have a couple hundred shares and that's it. I still too have HOPE that BCMD will find something this go around. I am willing to risk that couple hundred dollars to complete loss for a gain to maybe 2 or 3 dollars. Ask yourself the same. Those who have brokers know that they'll tell you not to have much in this stock. It is way too risky. Goldiger will probably be the only one to support me on this. I'll repeat this again-THIS STOCK HAS NO FUNDAMENTALS. I'll keep saying it to help the new people who try and get info from the BSers. No revs, ne earnings, alot of stock outstanding. Alot of warrants, alot of preferred stock. Company objective:pipedream. New people-just know there is no guarantee for this stock. If it finds gold, it will be great, but if it doesn't it is all gone, again. I'll be the reality check. If it saves new money from being wasted, it is time well spent. People should know better, but obviously some have missed the boat on knowing the difference. Last for now-remember who it is your getting info from regarding the company-PR of that company. Poor source of unbiased opinion of company activity. I am sure Bre-X thought the world of their PR till it all came crumbling down. Don't judge his opinion on how nice he is but how consistent he is. Thus far, he has been altogether iffy. I'll give him a 4 on a scale of 1 to 10(10 being Mr. hype). If PR says all is well, it doesn't mean a thing Good day M