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

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To: hedger who wrote (470)	6/10/1998 3:44:00 PM
From: T.Bill	Read Replies (1) of 1044

Hedger, it sounds like you've reduced your expectations to the extent that there's little chance for disappointment. That seems like the only way to survive in the spec resource area these days. Re: "in trouble everywhere"....I hear ya. What a year it has been. I think there is more hope for a near term pop in the JBA price though (as I suspect you do too). We're suffering from a lack of news, particularly after anticipation was for more JV's last month. I expect/hope that ANY good news such as another JV announcement will perk things up around here! To Robert: How about putting your ear to the wall, or taking that secretary out for drinks or whatever it is you do for juicy info and let us know what you hear about the latest developments. T.Bill.standingby

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