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Gold/Mining/Energy : JABA INC.(c.jba)

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To: Chuca Marsh who wrote (347)	3/31/1998 9:13:00 PM
From: John BOYCE	Read Replies (1) of 1044

GOOD NEWS OUT LATER TONIGHT!!!!!!!!!!!! Spoke to Jim Alexander of Inv Rel and he said press release will be out later tonight that will be good for everybody. He wouldn't go into any details but perhaps confirmation of another JV. Spoke with him about the cancellation of JV with Phelps Dodge and he said it was actually good news for Jaba, they got control of a piece of prime property that they did not have before. I think a lot of people misinterpreted the press release, panicked and sold on Monday. Hang in there folks, I think the company is going in the right direction and price will be moving much higher. Good luck John Boyce

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