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

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To: Dav!d who wrote (146)11/23/1997 6:11:00 PM
From: MUDMAN  Read Replies (1) of 1044
 
To David and all other Jaba threaders:
I have composed an e-mail to Mr. Briscoe that asks several questions that are very material to the direction of the company. I don't know what kind of response I'll get. I'll find out soon. The questions are:

1. What is the current role of Mr. Hall and Ideziek? When did their involvement begin? What is their current share ownership?

2. What is the current cash position of the company? When will the company need to raise new cash?

3. Should one expect 1998 to be a successful year for the company? Why?

4. When will the drills be turning to generate news?

5. What is the current % insider held? How much do you and Dr. Guilbert own?

6. What would you be doing if you were me regarding my investment in JABA? (I mentioned my avg cost of CN$1.50 and that I own a BIG SLUG of stock).

I don't see how Mr. Sharpe's departure can be bad news. Something had to happen. I have also become dislusioned with Maedel's and will let my subscription expire. If the Arequipa guys are involved and Mr. Briscoe and Dr. Guilbert are fully engaged, this may turn out to be a TREMENDOUS buying opportunity. I'll report my finding when and if I get them. Mudman
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