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Gold/Mining/Energy : JAB International (JABI)

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To: Martin Wormser who wrote (374)	10/24/1997 7:35:00 PM
From: Eakole	Read Replies (2) of 4571

Martin, I just want to add a few words of caution based on my experience with DELGF (Delgratia). I read into many of the enthusiastic comments by the participants of this thread many of the same comments I read in the DELGF thread. I bought into DELGF at $9-1/2, sold at $22 and bought half of my previous position back at $24 on the strength of their hiring a two more honest and independent assayers, each corrobating the findings of the other. The other reason was my perception that the momentum of the stock's price was not diminishing but as strong as before. The stock rose to $34 before the bottom dropped out. The last comment I remember reading on its thread before the stock collapsed was "It doesn't get much better than this, does it?" I guess I'm saying everything announced by the company was designed to support the perception of honesty and integrity without having to earn that confidence with physical evidence. Just a word of caution from one who has "been around the block" at least once. eakole

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