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

To: Charger who wrote (1284)	11/19/1997 10:09:00 AM
From: Brian Pastor	Respond to of 4571

Nice strength this a.m. It has poped once agin to 7 teenies and is holding for the moment. It would be nice to re-test 1/2 today, nicer yet to blow through it like cray-paper. Had a long conversation yesterday with Lionel about the prospectus, the shareholder visitors the mine has received (you know who you are), the mining process thaty results in a $150.00 per ton per ounce cost (which he states is based on finding .5 oz. per ton, mining accounting of which I need to learn more re breaking out exploration costs from actual production costs and how costs per ounce are calculated, historical press releases, and other historical information regaridng these mines -- all in all it was hard not to get excited about the potential from this company - I guess Lionel was doing his job well - but seriously, I questioned Lionel at length about the company and its processes and he was very helpful throughout. I definitely recommend that anyone researching this company take the time and speak with him (although he may be difficult to reach at times). Overall, my research is not complete and I plan on taking a trip to visit the mines in the next three or so months.