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

To: Eric Freeman who wrote (3842)	7/21/1998 4:40:00 PM
From: DavidCG	Read Replies (1) \| Respond to of 4571

Eric, I guess this is the first time I've checked your profile.. I almost agree with your assesment but I have too ask if you are comparing an american gold mining property in California (bcmd) against some of the gold mines in Canada for valuation? You may be right that there are better values up there property wise in the north .... but Canada is also the homeplace of Bre-X... and if you thought Americans were skiddish/leary of BCMD in California... a lot of them wouldn't even consider putting money on a canadian gold mining co. which trades in the same price range. I'll bet the majority of american investors feel this way... its harder to verify what's happening in the upper Yukon than just north of Sacremento, California. I don't know of any other penny gold mining stocks based in the US.. If you do, I'd lend an ear to a better bang for my buck in mineral claims in a penny stock. If this drops to .01 to .05 with 5 million shares... I'll buy the property outright for $50,000 - $250,000 The shell value of a public company on the nasdaq is worth much more than that alone. I am averaging down on a company from .80 and lower that has a low float and a low number of shares now. To me, that seems a wiser decision than a company that has 50 million shares outstanding. I would not (and did not) average down on BCMD before this reverse split took place. In my eyes it seemed it took a lot more shares to move it up than it would in its current situation. I appreciate the concern on this investment, but believe me, I am not putting a lot of my eggs in this basket of a stock.... just enough that if something, anything good occurs this summer it won't take much to move this higher. -DavidCG PS. I have not had the pleasure of visiting the interior of B.C. but have heard comments and seen video that is breathtaking of the area. Willing to give a fellow trader a break on a cabin rental? We can talk shop. Sounds like a great project!I've only visited Vancouver, BC thus far. You're right... we will agree the NorthWest is truly a beautiful place to live. Fortunately for us, the rest of the country thinks it's constantly raining out here.