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

To: Jane Hafker who wrote (3629)	5/7/1998 2:20:00 PM
From: Peter S.	Read Replies (2) \| Respond to of 4571

Well, the evidence does suggest that BCMD is more interested in selling shares than they are in producing gold. There doesn't seem to be much chance of bankruptcy (to me) but I can see this split greatly reducing any potential returns from my holdings, not to mention future dilution, so I am not happy. I'd rather see them de-listed. I keep thinking about the gold in the mines but then maybe I just don't get it. Agerage down if you are going to stay in. Kudos to the critics (still wish some of them could have found a bit of tact along the way). Peter S

To: Jane Hafker who wrote (3629)	5/11/1998 12:47:00 AM
From: IRVINESULLY	Read Replies (1) \| Respond to of 4571

Jane, The difference between Sterling and the small investor, though they put in millions, they not only received stock options, though I have to admit, they are at $6.50 now, but they are going to get 49% of the profit of the money used for any particular mine they helped open/refurbish, etc. So, they are unlike a lot of us, as whatever is pulled out of the mine once they finish making their payments, they will get some of the profit, and be able to excercise their options. The rest of the profit will be reflected among whatever shares are in the float, and a lot of us are betting that it won't be 5,000,000 after a while. First off, the new PR firm will be getting paid in shares, unless they have already gotten paid. I am not certain, but I do not think so, as I didn't see or hear anything about it. So if they don't gear up very soon, or more specifically, if they don't have any numbers soon, which they very well might be sitting on them, they are restricted in ways to use Sterling money. So if there is no production numbers, they are going to have to come up with money to continue one way or the other. This is what a lot of us fear. It's going to take a lot of gold to get this stock going. I still have a little stock left, so while I may not sound very positive at the moment, I'd sure like to see it go up. PS: After reading my post of last week, on my honor, I will try from now on to at least do a brief check on my typing....Trouble is I get in a hurry, and post before looking....Sorry all...Will do better in the future. Gotta learn to have my fingers keep up with the rest of me <LOL>... Sincerely, Stumblebunny