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

To: Charger who wrote (3304)	3/29/1998 9:37:00 PM
From: Ron	Respond to of 4571

The steady creep-up in price has gotta be related to the perceived bottom hit for gold. With value of gold seen increasing, should be good news for many mining stocks, but especially BCMD. Lets hope.

To: Charger who wrote (3304)	3/30/1998 9:27:00 AM
From: John Andersen	Respond to of 4571

Wow, what a trip! Just in from the red eye from Sacramento! Sorry there havent been more updates but was hesitant to call when I recieved a $75.00 phone bill from the hotel!!! Well heres a little follow up for now, exausted from hauling the Family cross country! So heres a little for now..... After the tour on Friday Jim and I had some time to go over some questions. First off I expressed to him everyones desire for updated info, (business plans, current findings, etc.). His responce was that he wishes for all to understand that we are a publically traded company. Inormation is slow going because evrything must be approved by the board of directors and Sterling. The decisions to release news on any company information, or discuss future outlooks does not rest soley with one person. This is a time consuming process unto its self. Secondly with reguards to the liners, as of friday theyre due in any time. And in reality folks this is no big deal, the gold is still coming out of the ground. So its stockpiled for a little while. BTW there was about 125-150 tons of ore from the 2500 and about 75-100 tons from the 2428 waiting to be sent to mill outside the Lower Brush Creek Mine (this is the multiple ozs per ton ore I spoke of the other day)But I seems to me this liner issuse is no issue at all. Thirdly the weather/snow situation.....its over! Granted we did see snow Saturday off and on (appox 5-6 inches) none was sticking and the recent rains in the area have knocked down alot of the snow at the higher elevations. As much as I hate to say this but the only snow caps I saw in the downiville area on first visit was the Ruby Mill and Upper Brush Creek Mine. But this is melting away rapidly and poses no problem to roads now. "Mad Man Mike" Pickering<GG> had no problems getting aroud to the mines (Upper Brush/Ruby/City of Six/Lower Brush/Carson). Finally, for now(gotta rest), There have been some efforts being made to restarting production in the Ruby Mine. While no schedule has been set initial surveys for mapping have begun. A plan of attack is being discussed and outlined. I would expect this to be the next step and logicaly the best suited for current milling setup. There has been a proposed site for a new mill central to all the mines, and after viewing the maps with Mike I must agree the location is ideal! Well gotta run for now Ill have more Later, sorry for spelling. Couldnt sleep sitting straight up! Damn Airline seats!!!!Napping for a bit BBL John Andersen