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

To: D.McQ who wrote (2552)	1/8/1998 5:59:00 AM
From: Oscar	Read Replies (1) \| Respond to of 4571

I too would love to see an update on that Keewatin report, and I would be absolutely thrilled if at this point their proven reserves were anything over 2 million ounces. To be as conservative as the Sreet ought to be, 2 million x $80 (net, after low POG, higher than expected costs, and some overhead costs) = $160 million. Even after inflating the share base for Sterling's ultimate position, that should translate into a price of $2 per share, which I think we could hit quickly on the news. If the news were even better (say 75% higher) the price of course could go higher (say $4). Oscar

To: D.McQ who wrote (2552)	1/8/1998 11:21:00 AM
From: Brian Pastor	Read Replies (1) \| Respond to of 4571

Darlene, We are in at an early stage of a spectacular run. We have all heard rumours of a new engineering report. What we really need now is some dissemination and excitement from outside quarters (and dollars too). I really think that this stock's story has already begun to get noticed by brokers on Wall Street and Main Street America who are waiting for a little more information. A new credible report subject to intense scrutiny would be very helpful. A positive Barrons article would be terrific too.