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Gold/Mining/Energy : JAB International (JABI)
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To: Ryan Weisman who wrote (3014)2/17/1998 5:40:00 PM
From: MSo  Read Replies (1) of 4571
 
Ryan (3014),

I wish I could give you an encouraging answer. I haven't spoken to anyone there since December. Most of the old employees, except Chapin, are long gone, including Katy, who would attempt to cheerfully
answer telephone calls during the truly grim period. I would assume that the market's response since the conference call would get their attention for specificity. Perhaps there is none. Chapin in his Q&A gave somewhat mixed singles, but indicated that to him, there was too little milled gold to give an accurate picture for release. Without these numbers, I don't see positive action, but admittedly my view is a bit jaundiced. Again, I do believe there is gold there, but my patience wore out for the time being.

Mike
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