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Gold/Mining/Energy : JAB International (JABI)
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To: Lionel Gosselin who wrote (3055)2/20/1998 1:51:00 PM
From: Ryan Weisman   of 4571
 
$75,000 to $90,000 from gold sales------->>> Which one?

~$37,000 gold in inventory----->>> That makes for $127,000 worth of gold accounted for(best case scenario)... at the shareholders meeting we were told 490 ozs.. That calculates to $259/oz. Best case scenario. Why is Brush Creek selling gold for below already depressed levels? I thought much of the gold was jewelry grade, worth up to $800/oz.

Spread the word, we are all anxious to try to understand the information presented. Thanks in advance, RYAN
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