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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (3241)	3/23/1998 8:34:00 PM
From: gtoland	of 4571

Roebear and Charger, I would have to disagree that a company should announce the cost of a product was a given number without all the admin., construction, materials, rent, etc.. Then expect us to understand that. When I do business, it is important for me to know exactly how much it costs for me to build a pool. If I just left off all office salaries, car payments and phone bills, etc. I would have a false profit margin. When they tell us that it cost them $150.00 oz of gold to run this business, isn't it strange that they have not found the gold to validate that statement. As far as I know. What happened to the 300 - 400 oz of gold found late last year? They are milling gold now. Is it enough to validate that statement? Maybe they will find a pocket of gold and all this will be moot. I believe that all expenses should be included within any statement that tells us the cost of doing business per oz of gold. This will change daily, weekly, monthly as well as yearly. I have not seen the information that were prove that they are able to mine consistantly for costs less than $200.00 per oz. JMO gary

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