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Gold/Mining/Energy : JAVA GOLD

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To: Winzer who wrote (51)11/18/1998 12:17:00 PM
From: Ron Everest  Read Replies (1) of 121
 
I follow JVAG but am not invested in it. IMO there are a number of things that killed the price:
a) misadventure into placer mining in Mongolia
b) virtually no cash remaining
c) low gold prices and poor market sentiment AU
d) Indo politics

My understanding is that they are trying to JV their Mongolian and Indo Properties.

Not too encouraging.

Best regards,
Ron E
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