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Gold/Mining/Energy : JABA INC.(c.jba)

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To: Eric Hathaway who wrote (12)	3/9/1997 2:32:00 AM
From: Highlander	of 1044

Eric: As a current JBA shareholder, I too am anxiously waiting for some positive news. I think that two of the obvious problems with this company are... 1) Lack of recognition. I'm pretty sure that only Maedel is recommending the purchase of this equity. However, that's good enough for me. 2) Poor to ho-hum results thus far from the Providence and Apache drilling program. The current market action on JBA seems to indicate that the drilling of their most exciting project (Silver Bell) is/could also be a dud. I hope I'm wrong. Anyway, since my position in this equity is less than 15% of my portfolio, I'll wait until either Maedel puts a "sell" on this stock or they hit the jackpot. Good Luck to all JBA shareholders!!!

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