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

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To: Alex who wrote (7)	2/17/1997 12:54:00 PM
From: Dean Bristow	of 1044

I believe Apache is just the interest raiser. Silverbell is the home run. The half of the Silverbell project that is currently being mined is approx. a 4-5 BILLION pound reserve of Copper. JABA feels that they have the bigger half on the 35 square kilometers that they have staked. With a fully diluted float of 13.5 million shares, you do the math! To boot,75% of the shares are held by insiders and 67% are restricted until Jan, 1998. That makes for an awfully small public float available when this stock starts to make some noise. I've also been told that Apache results are expected this week and Silverbell news is due mid-March. IR name is Bob Lewis - 1 800 863 1551 Dean

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