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Gold/Mining/Energy : JABA INC.(c.jba)
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To: Chuca Marsh who wrote (829)10/5/1999 9:50:00 PM
From: MUDMAN  Read Replies (1) of 1044
 
Chucka -- I spoke with Jim Alexander today and he confirmed that this is gonna happen. At first I was apprehensive but after speaking to Jim I am on board. I own a substantial amount of shares and plan to vote for the consolidation.

It seems as if the company has finally got some momentum with various projects possibly ready to breakthrough. For those shareholders who need some handholding during this period I suggest you speak with Jim.

Certainly this company made some serious missteps during the Donald Sharp era. Recently bad luck and bad metals markets have factored into JBA being a disaster. Luckily this is a company that has cut expenses -- it had to because it has minimal cash. It does however have some very interesting properties that will give it a chance to get back in the game very soon.

Tides do turn at some point. Two weeks ago gold was going to $200 -- now its on a path to possibly $350. The juniors are bound to turn. JBA has the properties to generate some excitement. Let's give judge them by how they handle themselves in a bull market for metals -- not by the last year when the metals were in the tank and the Bre-x hangover was still prevelant.

Here's a vote of confidence in JBA management to turn this thing around.

Mudman
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