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Gold/Mining/Energy : JAB International (JABI)

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To: Bill Galkowski who wrote (2599)1/9/1998 7:27:00 PM
From: Roebear   of 4571
 
Bill, The news is good but not good enough to entice a hoard of new buyers, otherwise we would be going up. This is very similar to what happened after the JV announcement. Good news but not getting attention of stock buyers, they want big numbers, production numbers. Eventually they will get them and this stock will do well. As long as the news is under expectations there will be no "zoom" reaction.
Also the drop through important support at 280 for the spot gold price did not help the general sentiment for gold mining stocks. IMHO,
Patience, fellow shareholder<G>

Roebear
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