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Gold/Mining/Energy : JABA INC.(c.jba) -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Marra who wrote (876)	10/23/1999 8:35:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 1044

First- and foremost it takes DRILLING moneys:<<..If all these properties that JABA has claims on were really worth anything, why aren't the major players buying up the stock like crazy? They can't be waiting for it to get any cheaper..>> Second the decline in metals prices and lastly...THE Copper In Situ Project was not a situation that was fair, I do agree and JABA has sued the vender as not correct dealings. WE WERE ALL A VICTUM, but a few more sites are VIRGIN and await info and money, the hense REASON to hang on to our penneys as WE STILL HAVE A CHANCE FOR $s to FOLLOW! Chucka.

To: Anthony Marra who wrote (876)	10/25/1999 7:37:00 AM
From: bconard	Read Replies (1) \| Respond to of 1044

Tony, <<Can't get away from the fact that the stock market values companies based on results or potential for results- and these folks don't seem to have any of either.>> I'm not sure that the above statement is correct is the case of penny stocks. All of us in these stocks SHOULD be aware that we are gambling with our money, you can't even call it a speculation. Sometimes you win and get a 10 bagger, but most of the time you loose! We tend to think that we as shareholders and other potential shareholders set the price of a stock. NOT TRUE! It is the MM's that set the price and we as buyers/sellers are at their mercy. 1) They pay no commissions when they buy/sell 2) There are normally very few MM's trading a particular penny stock so it is easy for them to jointly set whatever price they desire. 3) If a person enters a 'buy' for 5000 shares without a limit, just watch how fast the ASK will jump up so one of the MM's can make a profit. I don't know if it is possible for JABA to do some sort of a direct sale of shares and warents to existing shareholders, but I for one would rather see them take that approach to raising the additional capital. If they must, do the RS, but then allow existing shareholders the chance to purchase additional shares/warents. If that does not bring in sufficient working capital, then do a PP or something if necessary. Just my 2 cents, Bob