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

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To: robert azana who wrote (625)10/25/1998 8:49:00 AM
From: MUDMAN  Read Replies (1) of 1044
 
Robert: We need to have faith in management. When the Winters Report verifies the resource in Arizona, I feel management will be all over the powers to be and get this stock moving. If they have the resource they think they have (the Winters Report will let us know when it is released in the next week or so) this thing will move. Also, please remember that this company has heavy insider ownership.

The good news is that this trading range allows investors to purchase the stock at firesale prices!!! I added 50,000 more shares this week to my position. I currently own 261,000 shares and would like to add more. This stock is a no-brainer - JABA's market cap is appoximately $2,600,000 U.S. - a JOKE!!! A $25,000,000 U.S. market cap equates to an approximate $1.50 CN price. Therefore, consider the upside if they have what they think they have!!!

Would I like to see the stock at $2 or $3 per share? Of course (I think it will be somewhere near those levels in 1999) - but since I don't need the money right now I am patient to wait, since I believe in the story. I really believe that give the risk/reward profile this company has that this stock is an excellent speculation.
Best of luck. Mudman
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