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


To: Jeffery E. Forrest who wrote (837)11/3/1997 6:43:00 PM
From: DDS-OMS  Respond to of 4571
 
Just because there is accumulation doesn't necessarily mean that "it is obvious that someone knows something".<g> I accounted for over 60% of the volume from open til noon, and I know nothing more than anyone else on this thread knows. Just chart action with higher lows daily and a symmetrical linear regression channel forming. In this inexpensive a stock, 3 or 4 buyers is all it takes to show accumulation. I got all at 1 1/8 in 9 buys, so there were plenty of willing sellers. Glad to see someone else took over the accumulation when I pushed away from the table.<gg> Out for the evening.

Regards,
Gary



To: Jeffery E. Forrest who wrote (837)11/3/1997 8:23:00 PM
From: Mr. Miller  Read Replies (1) | Respond to of 4571
 
With all do respect JF, I got the 1oz.gold/ton straight from the July 21 company release. It is for the pillars as you have said and I think that project will consume the rest of the year. Doing 60 tons per day in an area extimated to have 9,000 tons will certainly occupy their time this year out. The 0.5oz.gold/ton is in the next project probably not going to be started(unless a JV comes along) till next year.
It appears, in general, that alot of trading lately has been at either the end or the beginning of the trading day, as if to anticipate news the next day or during the day's session.
Good point about my choice of words with little movement. I guess at these levels one can forget that a couple 32nds is a good move.

Miller