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

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To: J. Bij de-Vaate who wrote (62)6/2/1997 2:56:00 PM
From: Alex   of 1044
 
Jannette: Jaba plans to drill 4 holes on this property as part of a work committment as opposed to detailed drilling. They were approached by one company (may be Phelps Dodge but this is only speculation on my part as they have been mentioned before) and have come to terms on a JV on one property and signed confidentially agreements on some others with other companies. IR feels a news release should be out soon on this but lets not hold our breath. As for money for future drilling, this they hope will come from these partners in JV's.
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