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


To: Roebear who wrote (3112)2/26/1998 10:44:00 PM
From: Peter S.  Respond to of 4571
 
Absolutely. It was only a few weeks ago that we were kicking ourselves for waiting for the price to get too high before jumping in. Since then the only thing that has changed is the weather. Ok that's an exaggeration but the gold deposits are still there and the mining rights still stand.

The JV deal was once considered the cornerstone of our faith in this company's potential, lately that anchor seems to have been lost amid delays in production results and daytrader's impatience. The JV is still there and so am I (FWIW).

If it takes another 6 months for this stock to reach $2.50 it will still have been a bloody good investment for most of us. I'd rather not have to but I am prepared to wait a while for a return like that. As long as we can avoid delisting we will be in good shape.

Peter S