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

To: ParkTwain who wrote (3426)	4/10/1998 11:08:00 AM
From: Brian Pastor	Respond to of 4571

The reverse split is likely coming regardless of this latest development given the market's less than receptive attitude toward the gold finds. That is unless BCMD indicates how much of this 1+ 0z/ton gold they have beyond the first load, hits a million dollar "butter" (heavy multiple oz rich strike), does a great diamiond jv, etc. Company needs some notice/acceptance on Wall Street. But, I am afraid with PP shares coming out of lock up very shortly and the low price a reverse is likely which kills me becuase I have alot of shares in this puppy. However, the long run on the stock still seems good. I was as surprised as everyone about this latest filing and look forward to asking lionel/Jim about it.