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Gold/Mining/Energy : JAB International (JABI)
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To: Frank Brisebois who wrote (3784)6/8/1998 11:40:00 AM
From: Andrew G.   of 4571
 
Yes, Frank. But they don't have to take 4 months. They can commit at any time that they deem prudent to do so. At least that's my interpretation. They have been studying it for 1.5 years now so it's not like they are looking at for the first time.

The stock is getting totally trashed by fickle daytraders who ran it up this morning presenting an ideal opportunity to accumulate at these levels.

The license would be exclusive so when they take it, we know what the proven reserves are so it's an automatic home run IMO.

I'm willing to bet it won't be four months. Even if it was, at these prices it's worth it.
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