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

To: sailor who wrote (2526)	1/6/1998 11:46:00 AM
From: Brian Pastor	Read Replies (1) \| Respond to of 4571

2 Additinoal JV potentials -- Additinoal JV money 6 - 8 million for option on 19% of company gold output by either Sterling or by another JV if Sterling fails to exercise to go from 30 to 49 percent. Second potential JV is for diamonds which is progressing but not the front burning priortiy (The front burning priority is the visible gold and near term development/production plan). Diamond JV will likely come in the next six months but that is an exploration/development deal and as many have said, long term ice - ing on the gold cake. This company's vaule should be in the 4 to 5 dollar range with gold at present levels and much higher if POG goes up. There is alot of gold along the fault up there. Even sharing the output with the JV, this company's potential over the next 5 years is incredible.