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Gold/Mining/Energy : JAB International (JABI)
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To: Jeffery E. Forrest who wrote (837)11/3/1997 8:23:00 PM
From: Mr. Miller  Read Replies (1) of 4571
 
With all do respect JF, I got the 1oz.gold/ton straight from the July 21 company release. It is for the pillars as you have said and I think that project will consume the rest of the year. Doing 60 tons per day in an area extimated to have 9,000 tons will certainly occupy their time this year out. The 0.5oz.gold/ton is in the next project probably not going to be started(unless a JV comes along) till next year.
It appears, in general, that alot of trading lately has been at either the end or the beginning of the trading day, as if to anticipate news the next day or during the day's session.
Good point about my choice of words with little movement. I guess at these levels one can forget that a couple 32nds is a good move.

Miller
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