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Gold/Mining/Energy : JAB International (JABI)

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To: Bill Galkowski who wrote (2599)1/9/1998 7:56:00 PM
From: Roebear  Read Replies (3) of 4571
 
Bill, if you check out the Yahoo BCMD thread there was a reply to your "it makes it go down post" there. Also, here is my reply to that reply to your post on SI?<G>:

Subj: You forgot one thing
By: roebear
Date: Jan 9 1998 4:52 P.M PST
Reply To: Msg. 1107 by davesworld1

Dave that was a good answer to Bill on SI. However you forgot one thing, the
thing that has stopped me from daytrading this stock and turned it into a long
term investment for me. They have a lot of gold mines, and with the nature of
their mines they could at any time, especially now that they are in virgin ore, hit a
big strike, a large pocket or area of such pockets. This is the nature of deposits
in the area and the odds, IMHO, are in favor of some news like this eventually.

In addition, they have gold in an ongoing operation with a new JV and plenty of
areas to mine and develop, THIS is far different than when this stock sold under
half a buck, and even without a big strike, they should eventually prove
profitable. Therefore it seems to me (IMHO) a safe bet, and potentially a
lucrative one, despite the occassional days or weeks which try an investors
patience.

Roebear
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