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Gold/Mining/Energy : JAB International (JABI)

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To: maaad who wrote (2673)1/28/1998 6:56:00 PM
From: Roebear  Read Replies (2) of 4571
 
maaad, Just curious, did you take advantage of this very nice pullback to add to your position? Let's see, if you double position at 3/4 you can take your avg. basis to 1 or 1 1/8; if you triple position or quadruple? Personally, if it were me, these are money makers. Just IMHO.
Doesn't dispassionate logic indicate that the downside is almost gone out of this stock at 3/4 to 13/16?? Six months ago the stock was half this price, with no gold, no partner, no money and a bunch of nasty problems and the POG was nailed hard in July too.
Things are much better now with gold being mined, a partner supplying money, no money problems or excessive long term debt or huge start up expenses like so many other big gold mines.
Sure we would like to see production figures NOW, can we settle for soon??

Best of luck

Roebear
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