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

To: Martin Wormser who wrote (3618)	5/6/1998 6:35:00 PM
From: Martin Wormser	Respond to of 4571

Old Prs part 3. Have fun! Old Prs Continued 1995 4\95 BCMD receives funding through Reg S, $1,657,126 plus a pledge of $420,000 in the next 30 days. Priority, bring Wolf Vein system on line to production by early June. "We believe that the Wolf should produce at least 50 ounces per day", said Jim Chapin. Application to de-water the Kate Hardy. 5\95 BCMD receives Assay of Wolf Vein, Sample graded 18.79 oz per ton. 5.8 million shares outstanding. 9\95 Agreement with a custom milling company in Austin, NV to mill BCMDs ore. "Our current stockpile levels warrant milling at this time". Company also development drift in the Ruby, Rising Sun will be re-assayed. BCMD is also actively working the upper and lower Brush Creek Mine. Received permission to de-water the Kate hardy. That's all I have for 1995. 1996 7\96 BCMD begins mining Wolf Vein at the 270 foot level. "the vein has expanded from 18 to 24 inches, We have 3 shifts working at the vein and expect to advance rapidly along the strike length. The equipment necessary to mine, mill, amalgamate and pour the gold is now in place at the mine site". 8\96 BCMD recovers from a bulk sample. 74 ounces were present from a bulk sample. The company has recently sold more than 60 oz of gold. Company focusing on Wolf Vein and Ruby. 9\96 BCMD encounters visible gold from Wolf Vein. 9\96 BCMD encounters pay shoot in Wolf Vein. Each of the last seven 6 foot drill rounds has produced visible gold. "We are definitely in a pay shoot. On Monday Sept 16 we will begin to run our mill 12 hours per day to process the ore". 10\96 BCMD explores joint venture. BCMD has been approached by a private group seeking a JV at Gardiner's point and Pioneer Mines. 10\96 BCMD hires investment banking firm to secure JV partner. The saga continues. How many times has Jim said "we will begin to produce, mine, run" The rest are from 1997 and 1998. Same Bullshit, different year. Love, Martin