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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Freeman who wrote (608)	10/28/1997 8:32:00 PM
From: Roebear	Respond to of 4571

Eric, be a little more specific, I think there are differences or I would not be here. One, this is California, not far away Indonesia. We can call them, even visit the mine; this isn't a helicopter ride in the jungle. Now I am on the East Coast, so I am not going to ride out there tomorrow, but there are people here who could and who say they have. Martin has been in this a long time, (5 years) he is no hypster, his first comment on this thread makes that kind of obvious. If you have any specific information, I'll be the first to listen. I followed BRE-X, never bought because there was no way anyone could confirm (obvious now after the fact) at the time what they were saying. It may have more risk than the average mine but I don't see it as a BRE-X. Best regards Roebear

To: Eric Freeman who wrote (608)	10/28/1997 8:50:00 PM
From: DDS-OMS	Respond to of 4571

Eric, Good to have a word of caution from somone from B.C., and who I assume is familiar with Vancouver-style hype of mining stocks. Bre X was a world away, and I dont think anyone saw it but the geologist who did the assay sampling, and conveniently fell out of a plane as the story was about to be proven to be a hoax. Located in the US, it's a bit more accessible than a jungle in Malaysia (or was it Indonesia?)-- -although with DELGF in Nevada someone managed to pull off salting also. In May, 1991 Keewatin Engineering from Vancouver wrote a 17 page summary for BCMD outlining history of all 9 claims, with total ounces taken from all mines in the district, detailed maps of claims showing location of shafts and relation of claims to each other, I'm sure BCMD would send you this summary if requested--and maybe you are familiar with Keewatin or can you shed any light on their reliability or credibility? Keewatin quotes a study published in Economic Geology in 1947 which in part said "The Sixteen to One high grade is richer than any other for which I [H.R. Cooke] have seen comparable data. Scattered in a vein otherwise assaying about .04 oz, several hundred shoots have been mined, producing up to 78,000 oz each, and running from 2000-6000+ oz. or on the order of 100,000 times richer than adjoining vein areas. One block of high-grade weighing 160 lbs. averaged 16,800 oz. The recorded tonnage mined from the vein through 1942 is 608,012+ tons with an estimated yield of 749,179+ oz of gold, of which hand sorted high-grade constitutes 164+ tons producing 548,759+ ounces." I guess they could have taken those 548K ounces out in buckets also. <gg>--but probably weren't the "diamond covered" variety you refer to. The Sixteen to One mine is NOT one of BCMD's claims, but according to Keewatin, "It is believed that these results can be applied to other shoots at the other mines" No hype--just quoting Keewatin et al. Regards, Gary