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Gold/Mining/Energy : JAB International (JABI)
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To: Eric Freeman who wrote (3831)7/11/1998 3:16:00 AM
From: DavidCG  Read Replies (2) of 4571
 
I bought some today.

5.5 million shares... a market cap of $4.5 million

Basically, I don't really care if they produce or don't produce another ounce of gold this summer.

Sure, I think they will do something than sit around and twiddle their thumbs..

I'm buying at these levels because I think the huge property they control in known gold country is worth more than this.

Worst case scenario is not bankruptcy,I believe, but rather a company buyout to control all of these BCMD claims and property holdings.

I can deal with that.

-DavidCG
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