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Gold/Mining/Energy : JAB International (JABI)

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To: Ryan Weisman who wrote (4545)	9/9/1999 9:45:00 AM
From: Martin Wormser	Read Replies (2) of 4571

Hi Ryan and all, Here's a short summary of yesterday's picnic. Jeff Bootes is going to negotiate with McLaughlin tomorrow about getting the Gardner Point mine going ASAP. He's planning on getting the 5 mil soon. He has hopes for an additional 25 mil from institutions as soon as he can show them that he can get the diamond, Silica and gold mines into development and start production full swing on Gardner's point and the diamond mines. He has ideas that are feasible and sound business practice. Doesn't expect to start production on the gold mines until at least 1 year. Plans on cutting the cost of production by using unique ways to produce and mill the gold. Like using gravity to send the ore to the mill from the Upper Devine Intervention mine to the lower Brush Creek where the new mill will be built. This summary was written by Net. Thanks Net. martin

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