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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Al Collard who wrote (8920)	7/31/2002 7:14:44 AM
From: Chuca Marsh	Read Replies (1) \| Respond to of 11802

That represents $100,000 as it says to possibly purchase a new property acquisition or for admin expense: Consolidated Jaba Inc - News Release Consolidated Jaba arranges two-million-unit financing Consolidated Jaba Inc JBA Shares issued 11,739,658 Jul 29 2002 close $ 0.06 Wednesday July 31 2002 News Release Mr. James Briscoe reports Consolidated Jaba has agreed to a non-brokered private placement consisting of up to two million units in the capital of the company at a price of five cents per unit. Each unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of 10 cents for a period of one year. The proceeds of this financing will be used for administrative expenses and property acquisition costs. This private placement is subject to TSX Venture Exchange approval. The securities issued through this offering will be subject to a one-year hold period. stockwatch.com Chuckamath every 50,000 share block bought by open market guys ( ugg ) at say 7 CENTS to 10 cents could have controlled 4 times as many shares if they bought into the PP at 6 cents...kinda wish I knew about it but what the heck I have free trading shares, if they actually have an announcement saying that the have one of three groups of commodities. I think the metals are the thing BUT maybe the diamonds are? Eitherway, what does FINANCING mean...I say getting the ducks in order, NOW GO LAY AN EGG ! PLUCK a feather, Float, sink, or swim LOL Quack at ONE FULL WARRANT. Wish is was half a warrant LOL