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


To: D.McQ who wrote (2877)2/5/1998 2:32:00 AM
From: Jamey  Respond to of 4571
 
Darlene, I hold stock in BCMD simply because of the world situation and I know that any devaluation of the dollar or other monetary funds causes investors to run to precious minerals, especially gold. I believe everyone should have some interest in gold or oil long term as a safety net should the world situation elevate to the point of some major calamity. I was flabbergasted to hear in your post that they have already found 160,000 onces of the pretty stuff. Do you know how much they have pulled out of the ground? I have followed your DD and I want you to know I appreciate all of your efforts. I personally believe(especially now Sterling has authorized the $6,000,000 in financing that some people definitely in the know is positive that BCMD will be a big winner.
Regards,
James



To: D.McQ who wrote (2877)2/5/1998 2:42:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 4571
 
Please clarify your suggestion that the 160,000 oz is BCMD's to sell going forward. I understand the PR reference to be historical; "...shoot produced 160,000 oz...grade 1.2 oz..." Irrelevant if it was produced by BCMD or over last 150 years, as stock price attempts to measure the future. The ref is made to exert statistical confidence in anticipated, lucrative (1.2 oz) grading of future mining of the shoot and any parallels.

I currently infer from your words that you are adding $48M to BCMD's future bottom line.

Correct read on what you said?