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


To: Eric Freeman who wrote (1901)12/3/1997 1:41:00 PM
From: Ryan Weisman  Read Replies (1) | Respond to of 4571
 
Inexperience---> from my understanding the newly hired miners are
EXTREMELY experienced.

lack of plan--->From what I've seen, since Chapin and friends gained controls through lawsuits, a plan has been followed and achieved to a point of a JV and production.

investor mania---> In both directions

and strong promotion--->Shareholders always promote. But this one really tics me. You keep on saying the BCMD is in the game of selfless promotion, even to a point of continually making the ridiculous comparison to BRE-X. Trust me, if BCMD ran to 100+, I would sell no matter how much gold and diamonds they have. Regardless, I haven't seen the company hyping it's activities.

As for day to day ticks, it is just nice to see that there are only strong holders left, and not those selling b/c negative publicity on threads make them think they will be able to be next week at 3/8. P-lease.

Again, I hope, I am not sure, and, just like you, I don't know what is going to happen. But things look good, and I will continually respond to DOOM and GLOOMERS who are shaking out investors at such a crucial point. Thanks for the warnings though, and glad you are routing for us, not like D---wads like Goldiger who take joy repeatedly posting losses in market share.

PEACE, RYAN



To: Eric Freeman who wrote (1901)12/3/1997 1:55:00 PM
From: Lord Smooth  Respond to of 4571
 
Hi Eric, I liked your last post. I agreed with your general points. I think that was the first time you actually spelled out your stance. You have to be clear in what you say otherwise you instigate a Geraldo chair throwing extravaganza. Been sitting out this day time talk show bashing. Still a happy camper at $1 1/32.

Eric, despite all you say, you do not address the JV deal. This lends BCMD credibility. No need to go over it again. I would be interested in hearing your opinion specifically on the JV deal.

Also, I would be surprised if there were no startup problems. Every company has problems starting up. This rampup could take longer than people are hoping for.

Sorry to say I did not put my money where my mouth was and buy more BCMD under $1.00. I bought some other very speculative company instead (RNTK). Looking at the confusion and volatility here, I would not be surprised if it blips down to $0.50 on some short-term panic. I'll buy then.

In the mean time, I am still holding at $1 1/32. Next time it pops up, and there will be a next time, I hope to sell some of my stake. Changing game plan to 100% hold to 25% sell at pop 75% hold. Buy back 25% at lower price. This is not science. This is an inexperienced investor planning a plan and prepared to get hosed if it comes to that.

People, calm down. There is gold. How much who knows. At what price
who knows. However, they will get the gold and sell it. And for 2.5 years the operating cost is zero. Within that time there is a chance, albeit slim, that BCMD actually makes something of itself. I think that risk/reward is pretty compelling. I am not saying anything new. People, if you dont' know how to trade, dont' do it. Like Eric said, pick a plan before hand and stick to it. Otherwise you will get nailed like a dead rotten stinking rat to a floating plank in a smelly sewer. This is a risky and volatile stock. You should know this before you buy it.

S