Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Galkowski who wrote (2783)	1/29/1998 8:22:00 PM
From: Brian Pastor	Read Replies (1) \| Respond to of 4571

As I understand the deal, If Sterling does not exercise its right to buy an additional 19%, then another party can buy the 19%. I have not read the deal doc which is filed with the SEC. I think the news today is huge, and the company is being conservative in what they are saying about the finding of a new chute. Listen, a new chute can be a single or multi year production. It is particularly encouraging that the company is pulling jewelry grade gold off the wall itself and not blasting through immediatly. I cannot wait to hear more releases about the scope of the new find and the ounces per ton that are coming out. I also look forward to hearing more about the milling of Pillar 4 and the other pillars as well.