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

To: virginijus poshkus who wrote (4003)	10/24/1998 6:54:00 AM
From: Mr Metals	Read Replies (2) \| Respond to of 4571

Sad but true:-( stockdetective.com Brush Creek Mining and Development Co. Inc. (NASDAQ: BCMD) makes an odd offer: They're nearly bankrupt, but continue to peddle stock. For those of you whose friends feign due diligence (you, of course, would never do such a thing), this red light's especially for them. Although Brush Creek has teetered on the brink of Nasdaq delistment, (even a recent 1 for 10 reverse split can't salvage the stock price) there's a chance someone recently may have been lured into buying its shares. Despite racking up more than $32 million in losses since 1989, the company is still promoting itself. Most recently, Brush Creek showed up in a card deck claiming it had the "largest land position ever assembled in the Mother Lode district of Northern California." The ad goes on to say that 12 million oz. of Placer Gold and 2 million oz. of Lode Gold have been produced in this area." Well sure it has - 150 years ago. Brush Creek is in the area where the California Gold Rush lured thousands of prospectors between 1849-54. Oh, did we mention that more than $2 million worth of insider stock has been sold since Jan. 1? MM